Question

What is the maximum percentage of net spendable income that should be set aside for food?

Answer 1

The maximum percentage of net spendable income that should be set aside for food is approximately 15%. It can vary from person to person but for mot people this percentage should be the standard. The budget allocation for every spending is required for making a savings from the gross monthly income. 

Answer 2

Answer:

Maximum 15%

Step-by-step explanation:

Percentage of net spendable income that should be kept  for food should be 15%. Amount what a person spend on food vary from person and their choice but 15% is a standard for most of the people. When a person make budget or allocate money for his various things he should allocate 15% of the whole budget for food.