You should limit your spending to no more than 20 percent more than what you earn.

Question

Quizplus · Accepted Answer

This statement is not entirely accurate as it depends on individual circumstances. It is generally recommended to live within one's means and avoid overspending, but the specific percentage can vary based on factors such as income level, expenses, debt, and savings goals. It is important to create a budget and prioritize spending accordingly.

You Should Limit Your Spending to No More Than 20