Answer: b) 50% for necessities, 30% for discretionary spending, and 20% for budgeting and debt payoff Week 2: Monetary Planning The second week of the course focuses on economic planning and goal-setting. The quiz for this week covers topics such as:
What is the 50/30/20 guideline for managing money? a) 50% for accommodation, 30% for commuting, and 20% for meals b) 50% for essentials, 30% for discretionary buying, and 20% for saving and debt settlement c) 50% for leisure, 30% for investing, and 20% for debt settlement d) 50% for saving, 30% for debt settlement, and 20% for necessities finance for everyone coursera quiz answers
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