ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Give up
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Hire a professional
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Rely on automatic alerts from your bank
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Adjust and rework it the following month.
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Detailed explanation-1: -In short, the most common consequences of not budgeting include a lack of savings, less financial security, out of control spending, a higher likelihood of going into debt, and more financial stress.
Detailed explanation-2: -Identify yourself and the issue. Are you a chronic overspender? Avoid temptation. Shop with plan and purpose. Set financial priorities. Set up another account for bills. Forget debit/credit cards. Shop like you’re broke. Pack your lunch or eat at home. More items •03-Oct-2019
Detailed explanation-3: -Review Your Spending. Costs are on the rise, and you feel it. Find Ways to Save. Once you know the budget lines inflation is hitting the hardest, you can start finding ways to save. Earn Extra Money. Your expenses are going up. Cut Some Expenses. Shop Around. Adjust Budget Lines. 26-Oct-2022
Detailed explanation-4: -Create a budget and make it realistic. Know your spending styles and triggers. Identify your goals. Walk around with money you’ll need to spend. Account for all your expenses. Tailor your budget to suit your lifestyle. Earn more. Stay away from bad debt. More items •21-Feb-2022