Question

A budget is a _____. net worth statement plan for saving and spending your money table that lists your goals for saving and investing list of what you spent last month

Answer 1

The correct answer is B. Plan for saving and spending your money

Explanation:

A budget refers to a plan in which you estimate the amount of money you will receive, spend or save for some specific purpose and during a specific time. For example, you can create a budget to plan how much to spend on a trip or create a budget to plan the way you will save money to buy a car. Due to this, budges are detailed, and are necessary for having control over the money you spend or save, and in this way avoid spending more money than needed or save as much money as you want after a specific time. According to this, a budget can be understood as a "Plan for saving and spending your money".

Answer 2

I would say the answer is the second option. A budget is a plan for spending and saving your money. It is the allocation of the available to to your needs to live comfortably. It allows you to project or foresee what will be the available amount of money left for a certain period of time.