question 6 of 6\ntarik works in a restaurant and gets paid in cash. hes used to dealing in cash, but he…

question 6 of 6\ntarik works in a restaurant and gets paid in cash. hes used to dealing in cash, but he needs a system to help him physically divide his cash each month. what money management strategy should tarik use?\nselect a response.\n○ 50 - 30 - 20 method\n○ envelope method\n○ investing in stocks\n○ avoiding debt

question 6 of 6\ntarik works in a restaurant and gets paid in cash. hes used to dealing in cash, but he needs a system to help him physically divide his cash each month. what money management strategy should tarik use?\nselect a response.\n○ 50 - 30 - 20 method\n○ envelope method\n○ investing in stocks\n○ avoiding debt

Answer

Brief Explanations:

The envelope method involves physically dividing cash into different envelopes for various spending categories. It suits Tarik's need to physically divide his cash. The 50 - 30 - 20 method is more about percentage - based budgeting, investing in stocks is about growing wealth not dividing cash, and avoiding debt is a general financial principle not a cash - dividing strategy.

Answer:

B. Envelope Method