question 5 of 6\nin the 50-30-20 rule, 50% of your income should be spent on\nselect a response.\nwants\ndebt…

question 5 of 6\nin the 50-30-20 rule, 50% of your income should be spent on\nselect a response.\nwants\ndebt\nneeds\nsavings

question 5 of 6\nin the 50-30-20 rule, 50% of your income should be spent on\nselect a response.\nwants\ndebt\nneeds\nsavings

Answer

Brief Explanations:

The 50-30-20 budgeting rule allocates 50% of after-tax income to essential necessary expenses (housing, food, utilities, transportation), 30% to non-essential wants, and 20% to savings/debt repayment.

Answer:

C. Needs