question 6 of 6\ncarlos wants to start a budget. he is planning on using the 50/30/20 method. hes…

question 6 of 6\ncarlos wants to start a budget. he is planning on using the 50/30/20 method. hes categorizing his expenses. how should he categorize paying his insurance?\nselect a response.\nneeds\nwants\nsavings\ndebt

question 6 of 6\ncarlos wants to start a budget. he is planning on using the 50/30/20 method. hes categorizing his expenses. how should he categorize paying his insurance?\nselect a response.\nneeds\nwants\nsavings\ndebt

Answer

Brief Explanations:

Insurance is a necessary expense for protection against unforeseen events like accidents, illnesses, or property damage. In the 50/30/20 budget method, necessary expenses fall under the "Needs" category.

Answer:

Needs