U2L2 Budgeting strategy

Front

In the 50/30/20 rule the 50 means

Back

needs

Front

In the 50/30/20 rule the 30 means

Back

wants

Front

In the 50/30/20 rule the 20 means

Back

savings

Front

Housing, food, utilities, and transportation are

Back

needs

Front

Cable tv, vacations, hobbies, and eating out are

Back

wants

Front

There is no financial habit as important as ________.

Back

savings

Front

Set aside a portion of your income each month in a savings account to create an ________.

Back

emergency fund

Front

Saving is about security and ________.

Back

preparing

Front

The 50/30/20 rule is perfect, and should be applied to every budget.

Back

False

Front

If you are a high income earner, you should consider saving much ____ than 20%.

Back

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