ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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credit rating
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loan account
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financial future
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good friends
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Detailed explanation-1: -Having a budget keeps your spending in check and makes sure that your savings are on track for the future. Budgeting can help you set long-term financial goals, keep you from overspending, help shut down risky spending habits, and more.
Detailed explanation-2: -It’s a proactive approach to organizing your finances. 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-3: -Track Your Spending. Live Within Your Means. Don’t Borrow to Finance a Lifestyle. Set Short-Term Goals. Become Financially Literate. Save What You Can for Retirement. Don’t Leave Money on the Table. Take Calculated Risks. More items
Detailed explanation-4: -Budget Your Expenses. Schedule a Time to Revisit the Bills. Buy Adequate Health & Term Insurance. Build an Emergency Pool. Plan & Start Investing in Long-Term Goals.