ECONOMICS
BUDGETING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
People keep a personal budget to help them
|
|
set and reach financial goals.
|
|
|
earn promotions at work.
|
|
|
buy with credit.
|
|
|
buy anything they want
|
Explanation:
Detailed explanation-1: -Budgeting ensures you’re not spending more than you’re making, allowing you to plan for short-and long-term expenses. It’s an easy, helpful way for people with all types of income and expenses to keep their finances in order.
Detailed explanation-2: -List and prioritize your financial goals. Take care of the financial basics. Connect each financial goal to a deeper motivation. Make a financial plan to reach your financial goals. Revisit your financial goals regularly.
There is 1 question to complete.