Budgeting

5-10%

15-20%

25-30%

35-40%

He doesn't have access to public transportation

He can walk or take public transportation because he lives in a big city

Driving would reduce the time it takes to get to work by 30 minutes

There are numerous car dealerships in his area

About $1.50

About $2.50

About $3

About $3.50

To have money set aside for planned vacations

To invest in long-term stocks

To cover unexpected expenses without going into debt

To pay for daily expenses

Investing all your money in a single stock

Spreading your investments across various assets to reduce risk

Switching your investments from stocks to bonds only

Investing only in international markets

Groceries

Rent/Housing

Entertainment

Dining out

License and Registration fees

Gasoline

Utilities

Insurance

Jabar will likely have to pay $0 towards his medical costs

Jabar will likely have to cover 100% of his medical costs

Jabar will likely owe a portion of his medical costs but not all of it

Having health insurance makes no difference

A friend slips and twists his ankle in your living room

Your apartment is broken into and your laptop is stolen

A fire destroys 80% of your belongings

Your apartment is flooded, destroying your furniture