Question: What does the 2 0 / 1 0 rule recommend for personal finance management? Group of answer choices Allocating 2 0 % of income

What does the "20/10 rule" recommend for personal finance management?
Group of answer choices
Allocating 20% of income to entertainment expenses and keeping credit card balances below 10%.
Investing 20% of income in stocks and keeping emergency savings at least 10% of income.
Spending no more than 20% of income on groceries and limiting dining out expenses to 10%.
Saving 20% of income for retirement and limiting total debt payments to 10% of income.

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