Answer:
False. It is not necessary to budget 5-10 percent of your income specifically for continuing education.
Step-by-step explanation:
False. It is not necessary to budget 5-10 percent of your income specifically for continuing education. The rate of return to education varies and depends on factors such as the field of study, level of education, and job market demand. While higher education can lead to higher earnings, it is important to carefully consider your individual financial circumstances and prioritize your financial goals.