Matthew is concerned about his ability to save money regularly and has prepared a budget.Which of the following budget classifications would be most appropriate for Matthew's budget?
A)Savings withheld from income and deposited directly to savings
B)Savings as a fixed expenditure
C)Savings as a variable expenditure
D)Saving whatever may be left over

Question

Quizplus · Accepted Answer

By having savings withheld from income and deposited directly to savings, Matthew ensures that saving is prioritized and consistent, making it a reliable part of his budget.

Matthew Is Concerned About His Ability to Save Money Regularly