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$ Business Financials

Teens · Budgeting

Your first budget (50/30/20)

A starter budget that splits income into needs, wants, and savings.

8 min read
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You make $400/month from a part-time job. Using 50/30/20, how much goes to needs, wants, and savings?

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Needs: $200. Wants: $120. Savings: $80.

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Business Financials provides educational information only and does not provide financial, tax, investment, or legal advice.