ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Find a friend with similar goals and hold each other accountable
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Put aside fun money in your budget so you’re not missing out
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Only use your closest gas station to fill up gas
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All of the above
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Detailed explanation-1: -Budgeting should help you track how much income you receive and further details how that money will be allocated to pay for expenses, build savings, and meet financial goals.
Detailed explanation-2: -A budget helps create financial stability. By tracking expenses and following a plan, a budget makes it easier to pay bills on time, build an emergency fund, and save for major expenses such as a car or home. Overall, a budget puts a person on stronger financial footing for both the day-to-day and the long term.
Detailed explanation-3: -Sleep on big purchases. Never spend more than you have. Stick to a lower credit card limit. Budget to zero. Try a no-spend challenge. Stop paying for fees. Plan your meals. Do your grocery shopping online. More items
Detailed explanation-4: -Get prepared. List your income and outgoings. Use tools to help. See where you stand. Find savings. Groceries-put together a meal plan and shopping list and only buy what you need and, if you have a choice of items, price compare and check the cost of name brand items versus supermarket own brands. More items