quiz question 6 of 6 carlos wants to start a ...
quiz question 6 of 6 carlos 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? select a response. needs wants savings debt
Answer
# Brief Explanations:
Insurance is a necessary expense for financial - protection and security. It falls under the category of things one needs to pay for to safeguard against potential risks. In the 50/30/20 budget method, needs are essential expenses.
# Answer:
Needs