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What percentage of your salary should go to savings? A. 5% B. 10% C. 20 D. 50%

2 Answers

4 votes

Answer:

Its actually 10%

Step-by-step explanation:

the guy above just used alts and a experting mod abuse account to get all the stars ik because i took the test

User Dustin Hoffner
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5 votes

20% of your salary should go to savings.

Option - C

Explanation:

At least 20% of your money should be spent on investments. More is all right; less is not recommended. Meanwhile, another 50 percent (maximum) is expected to go to needs, while 30 percent goes to budgetary items.

This is termed the 50/30/20 thumb rule, which offers quick and easy guidance. To take a quick look to find out how much you need to save each month, consider looking at your objectives. Broadly speaking, the economic goals will be broken down into three buckets:

  • Expenditures come in less than a year.
  • Expenditures to come in less than a decade.
  • Quite long-term costs that are a century or more out.
User Danatron
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