A budget will not do which of the following?
A) Help determine how much risk a family should take on investments
B) Anticipate cash shortages
C) Determine the excess you have to invest
D) Determine the additional payments you can make to reduce personal debt

Question

Quizplus · Accepted Answer

A budget primarily helps in managing expenses, savings, and investments based on current income and expenses. It does not directly determine how much risk a family should take on investments, as risk tolerance is influenced by factors beyond just budgetary considerations, such as financial goals, investment time horizon, and personal risk tolerance.

A Budget Will Not Do Which of the Following