Question

quiz
question 3 of 6
how is money divided using the 50-30-20 method?
select a response.

• needs, wants, savings
• needs, stocks, bonds
• savings, expenses, emergencies
• wants, needs, retirement

Explanation:

The 50 - 30 - 20 Method for money division allocates 50% to needs (essential expenses), 30% to wants (non - essential desires), and 20% to savings (including debt repayment and emergency funds). The option "Needs, wants, savings" aligns with this breakdown. Other options like those involving stocks, bonds, or misordered categories don't match the 50 - 30 - 20 structure.

Answer:

A. Needs, wants, savings