IDNLearn.com is committed to providing high-quality answers to your questions. Ask your questions and get detailed, reliable answers from our community of knowledgeable experts.
Answer:
Your needs — about 50% of your after-tax income — should include:
Groceries.
Housing.
Basic utilities.
Transportation.
Insurance.
Minimum loan payments. Anything beyond the minimum goes into the savings and debt repayment category.Child care or other expenses you need so you can work.
#studylearningonly