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50/30/20 Rule

50/30/20 Rule

Worksheet • 30 min of learning
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3: Planning and Money Management

Standards
Defined by Personal Finance 9th-12th Grades and align with 50/30/20 Rule
3.2: Monthly Budget: Using research from local sources (such as cost of living calculators, newspapers, chambers of commerce, local government, and company websites), create a monthly personal budget that reflects household living expenses, taxes, potential savings, and an emergency fund. Develop a saving/spending plan for a week and track actual spending for comparison.