Among other things,a well-planned budget
A)forces you to choose among competing activities.
B)plans for savings of at least 20% of your after-tax income.
C)must include many categories of income and expense items.
D)assures a positive savings each month.

Question

Quizplus · Accepted Answer

A well-planned budget requires prioritizing and making choices among different activities or expenses due to limited resources. It helps individuals avoid overspending and allocate their income towards their most important needs or goals.

Among Other Things,a Well-Planned Budget