Money saved to money earned is 1:10. If someone earns 52,000 a year, how much should they be saving?

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asked Apr 10, 2018 218k views

1 Answer

Seyed Abbas · Answer 1 · 2018-04-16T07:07:51+0000

IT SHOULD KEEP THE SAME PROPORTION AS 1/10.
For each dollar earned one tenth is saved or 1/10 and for the $52,000, the saved money is 52000/10 = $5,200

Money saved to money earned is 1:10. If someone earns 52,000 a year, how much should they be saving?

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