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Using the 50/30/20 rule, if you made $4000 a month how much should be put into a savings account each month?

Using the 50/30/20 rule, if you made $4000 a month how much should be put into a savings account each month?
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Using the 50/30/20 rule, if you made $4000 a month how much should be put into a savings account each month?

User Bittersweetryan
by
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1 Answer

4 votes
Savings = 20% of Monthly Income

Savings = 0.20 x $4000

Savings = $800
User Ngu
by
7.4k points
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