Home > Homework Solutions
Montgomery Young
05/17/2024 · High School

What does the \( 50 / 30 / 20 \) rule in budgeting mean?

UpStudy ThothAI Solution

Tutor-Verified Answer

Quick Answer

The \( 50 / 30 / 20 \) rule divides after-tax income into 50% for needs, 30% for wants, and 20% for savings and debt repayment.

Step-by-step Solution

Elevate Your Learning
Unlock full answers and more with UpStudy Premium
Get AI Assistant
Answered by UpStudy AI and reviewed by a Professional Tutor

Related Questions

Q:

\( \begin{array}{ll}1.1 .3 & x^{2}-3 x-10>0 \\ \text { 1.1.4 } & 3 \sqrt{x}=x-4 \\ 1.1 .5 & 2^{x \sqrt{x}}=8^{9}\end{array} \)
A: See Answer
Q:

\( y=x^{2}+4 x-32 \) and \( y=2 x-10 \)
A: See Answer
Q:

Point A has coordinates \( (-13,-9) \) Point B has coordinates \( (1,15) \)
A: See Answer
Q:

\( f ( x \)
A: See Answer
Q:

Simplify using factors: \( \frac{2 a-2 b}{-a+b} \)
A: See Answer
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
PREV NEXT
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text

Enter your question here…

By image
Re-Upload
Uploaded Files
xxxx.png0%
Submit
📸 STUDY CAN BE A REAL STRUGGLE
Why Not UpStudy It?
Select your plan below
Premium

You can enjoy

  • Step-by-step explanations
  • 24/7 expert live tutors
  • Unlimited number of questions
  • No interruptions
  • Full access to answer and
    solution
  • Full Access to PDF Chat, UpStudy Chat, Browsing Chat
Basic
  • Limited Solutions