A cash budget should help you to
A) achieve your short-term financial goals.
B) implement disciplined spending.
C) eliminate impulse spending.
D) allocate funds to savings and investments.
E) do all of these

Question

Quizplus · Accepted Answer

A cash budget can help achieve short-term financial goals by providing a plan for income and expenses. It can also implement disciplined spending by setting limits on expenses and tracking actual spending. By seeing where money is being allocated, it is easier to eliminate impulse spending. Lastly, a cash budget can allocate funds to savings and investments, helping to achieve long-term financial goals. Therefore, all of these options are benefits of creating and following a cash budget.

A Cash Budget Should Help You to