Question

Brian just started using a budget. He proudly tells friends that his budget helps him know where his money is being spent. It allows him to spend some money on entertainment with the peace of mind that he will be able to pay the rent, and even gives him more money each month.Evaluate Brian's understanding of budgeting. Select the best answer from the choices provided. Brian has no understanding of budgeting. Each of his statements is incorrect. Brian has a limited understanding of budgeting. A budget will give him more money each month, but it will not help him keep track of his spending. Brian has some understanding of budgeting. However, a budget does not create more money each month. It just helps him use his money better. Brian has a good understanding of budgeting. Each of his statements is cor

Answer 1

Answer: Brian has some understanding of budgeting. However, a budget does not create more money each month. It just helps him use his money better.

This is what Brian said and my assessment:


.... his budget helps him know where his money is being spent  TRUE

 It allows him to spend some money on entertainment with the peace of mind that he will be able to pay the rent: TRUE

  ...and even gives him more money each month NOT REALLY ... money is not created by the budget