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What is the maximum percentage of net spendable income that should be set aside for transportation

a. 15% b. 25% c. 30% d. 20%

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What is the maximum percentage of net spendable income that should be set aside for transportation

a. 15%
b. 25%
c. 30%
d. 20%

Answer

The spending percentage guidelines are the ideal percentage a person can spend when he or she receive his or her salary or income.
Note that this is not the actual salary spent in a person.
It is merely a suggestion on how to spend the salary or income.
The maximum percentage of net spendable income that should be set aside for transportation is up to 15%.
The answer is letter A. the rest of the percentage does not match any of the supposed to be expenses.
Up to 32% of the income, it is spent for housing.
And up to 11% of the income is spent for food.

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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 24 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 315 views.

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