Question

You need to revise your budget to meet your short-term goal of buying a new computer. You will need to budget $50 a month.

Answer 1

Answer:

You need to revise your budget to meet your short-term goal of buying a new computer. You will need to budget $50 a month.

How will you revise your budget to meet this goal?

Explanation:

Answer 2

Answer:

Sample Response:

I could increase my discretionary spending to $365, which would allow me to spend $50 per month on my computer. I could also reduce other expenses to compensate for the change. For example, I could replace my entertainment budget with a computer budget.

• creating a new budget item of $50 for a computer

• reducing one or more areas by $50 to account for the new budget item

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