1. In the 50/30/20 budgeting system, what's the ideal percentage breakdown?

50% wants, 30% needs and 20% savings

50% savings, 30% needs and 20% wants

50% needs, 30% wants and 20% savings

2. If your spending isn't matching up with the 50/30/20 guidelines, what should you do?

Reduce your spending

Increase your income

Modify your percentages

Any combination of the above

3. Where should student loan repayment be allocated in your budget?

Wants

Savings

Need