Question 6 of 6 Tarik works In a restaurant and gets pald In cash. He's used to deallng In cash, but he needs a system to help him physically divide his cash each month. What money management strategy should Tarlk use? Select a response. 50-30-20 Method Envelope Method Investing in stocks Avoiding debo

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Question 6 of 6 Tarik works In a restaurant and gets pald In cash. He's used to deallng In cash, but he needs a system to help him physically divide his cash each month. What money management strategy should Tarlk use? Select a response. 50-30-20 Method Envelope Method Investing in stocks Avoiding debo

Answer 1

The best money management strategy for Tarik, who needs a system to physically divide his cash each month, is the **Envelope Method**. This method involves dividing cash into different envelopes labeled with various spending categories, helping Tarik to allocate his funds for specific purposes and ensure he stays within his budget.

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