Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You earn a total of $3650 after taxes each month. Ideally, you want to follow the 50-30-20 rule. (Basing your numbers off $3650 earned per

You earn a total of $3650 after taxes each month. Ideally, you want to follow the 50-30-20 rule. (Basing your numbers off $3650 earned per month), how much would you be able to spend on your needs, how much on discretionary and how much do you need to save? ( Hint: Give a dollar amount, not percentages.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Glencoe Business And Personal Finance

Authors: McGraw-Hill

1st Edition

0021400202, 9780021400201

More Books

Students also viewed these Finance questions

Question

Explain the pattern of trade union membership and union structure

Answered: 1 week ago