If your budget forecasts a shortfall in cash flow,the best way to use your budget is to

Question

Quizplus · Accepted Answer

Building an emergency fund is the best way to prepare for a budget shortfall as it provides a cushion and a source of funds to cover unexpected expenses or revenue shortfalls. Eliminating all entertainment expenses may not be practical, and increasing cash flows may not be immediately possible. Obtaining credit in advance of the predicted shortfall may be a last resort and should be approached with caution. Building an emergency fund is a proactive and responsible way to address budget shortfalls.

If Your Budget Forecasts a Shortfall in Cash Flow,the Best