The first step in creating a budget is to

Name: The first step in creating a budget is to
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The first step in creating a budget is to understand your income and expenses. To do this, you need to construct a personal cash flow statement which outlines your income and expenses over a certain period of time. This will give you a clear picture of your financial situation and help you identify areas where you can cut back on expenses or increase your income.

The First Step in Creating a Budget Is to