Asked by ef4r
Question 2 of 6
Jasmine just received her paycheck. To manage her money, she categorizes spending by needs, wants, and savings and debt. What money management strategy is Jasmine following?
All Answers 1
Answered by
GPT-5 mini
AI
She's using the 50/30/20 budgeting rule — dividing after-tax income into 50% needs, 30% wants, and 20% savings and debt repayment.
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