what you know\nquestion 3 of 3\nhow is money divided using the 50-30-20 method?\n○ needs, wants, savings\n○…

what you know\nquestion 3 of 3\nhow is money divided using the 50-30-20 method?\n○ needs, wants, savings\n○ needs, stocks, bonds\n○ savings, expenses, emergencies\n○ wants, needs, retirement

what you know\nquestion 3 of 3\nhow is money divided using the 50-30-20 method?\n○ needs, wants, savings\n○ needs, stocks, bonds\n○ savings, expenses, emergencies\n○ wants, needs, retirement

Answer

Brief Explanations:

The 50-30-20 budgeting method allocates after-tax income into three core categories: 50% to essential needs (housing, food, utilities), 30% to non-essential wants (travel, entertainment), and 20% to savings/debt repayment. The other options incorrectly narrow or misclassify these core categories.

Answer:

A. Needs, wants, savings