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When Creating a Budget, It Is Important to

Question 100

Multiple Choice

When creating a budget, it is important to


A) Save the amount you have left at the end of the month.
B) Set aside savings after your variable expenses are paid.
C) Save an amount no more than 3% of your annual income in an emergency fund.
D) Spend the amount of money you have budgeted in each category.
E) "Pay yourself first" by setting aside savings before other expenses are budgeted.

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