MAGAT, SAM CHLOE J.

GRADE 11 STEM ST. THOMAS

Assuming tha I have PHP1,000,000.00 the way I will budget my money is this: I will use the
50/20/30 budget rule which is 50% of the money which is PHP500,000.00 for the bills, things
that we need to pay, and for the house. And the 20% which is PHP200,000.00 for the savings, I
will put it in the bank that has good interest offer. And The 30% which is 300,000 not just for the
wants because considering the amount is huge the 30% will be splitted the 20% I will use it to
open up a small business and the 10% will be used for the wants.