According to the 50-20-30 budgeting rule, what percentage of your income should go towards flexible spending like dining out and travelling. 

40%

20%. 

50%

30%

1 answer

30%

Similar Questions

You have a monthly income of\[\$4{,}000\]. You plan to follow the 50/30/20 rule for budgeting. How much of your income can you
1. 1 answer
You have a monthly income of\[\$4{,}000\]. You plan to follow the 50/30/20 rule for budgeting. How much of your income can you
1. 1 answer
Simple economies can be described in terms of three major economic flows. These are:income, spending and saving. spending,
1. 1 answer
What type of budgeting requires each manager to justify an entire budget request in detail?A. Capital budgeting B. Revenue and
1. 1 answer