ECONOMICS (CBSE/UGC NET)

ECONOMICS

BUDGETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The record where you keep track of your money
A
budget
B
account
C
checkbook
D
deposit
Explanation: 

Detailed explanation-1: -Unlike online bank statements, check registers give you a real-time record of your bank account balance and how much money you have available to spend. There are many advantages of using a check register at your small business. It can help you: Avoid overspending.

Detailed explanation-2: -A checkbook ledger helps you keep a personal record of your checking account. This allows you to see and continually update your account balance, any withdrawals from or deposits to your account, and transactions that have not yet hit your account.

Detailed explanation-3: -What Does an Expense Tracker App Do? An expense tracker app allows you to monitor and categorize your expenses across different bank and investment accounts and credit cards. Some of these apps also offer budgeting tools, credit monitoring, mileage tracking, receipt keeping, and advice to grow your net worth.

Detailed explanation-4: -Check your account statements. Categorize your expenses. Build your budget. The 50/30/20 budget calculator. Budgeting or expense-tracking apps. Explore other expense trackers. Identify room for change. 19-Oct-2022

There is 1 question to complete.