Question

Which of the main components of money management involves creating a plan for spending and saving during particular time periods, such as a year, month, or week?
A. financial records

B. personal financial statements

C. budgeting

D. filing taxes

Answer 1

Answer:

C. budgeting

Explanation:

The main components of money management that involve creating a plan for spending and saving during particular periods, such as a year, month, or week is known as BUDGETING

Budgeting is a part of the components of money management. It is an act of estimating the total expenses and income that deals with establishing a plan for spending and saving and usually gathered and regularly re-examine, including yearly, monthly, or weekly