You have a monthly income of
\[\$3{,}000\]. You plan to follow the 50/30/20 rule for budgeting.
How much of your monthly income should you for your future?
Choose 1 answer:
Choose 1 answer:
(Choice A)
\[\$450\]
A
\[\$450\]
(Choice B)
\[\$600\]
B
\[\$600\]
(Choice C)
\[\$900\]
C
\[\$900\]
(Choice D)
\[\$1{,}500\]
D
\[\$1{,}500\]
According to the 50/30/20 rule, you should allocate 20% of your monthly income for your future.
20% of $3,000 is $600.
Therefore, the correct answer is \[\$600\].