3 years ago

When you are creating a savings account, how much is recommended that you set aside for your savings?

1 answer:

6 0

This really subjective on your situations depends on at what age group you're in, but most experts believe the answer is 15 %.

The most popular method in managing your finance is the 50/30/20 rules.
50 % allocated for necessities (such as housings and foods)
30% allocated for lifestyle (such as place to hang out)
20% allocated for financial related matters.

From those 20 % allocation, 15 % is advised for savings and 5% for others financial matters if you're in your 20s

You might be interested in

What percentage of american adults think chocolate milk comes from brown cows?.

pshichka [43]

Answer:

you would expect alot more but yk-

8 0

2 years ago

Read 2 more answers

What's the difference between a cat and a comma?

GuDViN [60]

A cat has its claws at the end of its paws and coma is a pause in the end of a clause

4 0

2 years ago

Help a weeb out with this question its no dark mode but you can still see it thx and remember

inn [45]

1. Henry Ford
3 Sears
5 Alfred Sloan
6 model T

7 0

2 years ago

What law placed taxes on tea, paper, glass, and coloring for paint?

Olegator [25]

Answer:

Townshed act/Townshed Duties

Explanation:

7 0

2 years ago

Developed during the 1930s and aimed at understanding how psychological and social processes interact with the work situation to

Gekata [30.6K]

The correct answer is Human Relations

Although the Human Relations sector used to be considered almost irrelevant in companies, people started understanding how a successful HR sector can improve the results through the management of people and other social resources. Understanding these processes and applying them in real time can lead to companies prospering or a lack of understanding can lead to complete failure.

7 0

3 years ago

Read 2 more answers