What is first step in budgeting?
A)Determining your net worth
B)Establishing good money management habits
C)Assessing your current financial position
D)Establishing a good credit rating

Question

Quizplus · Accepted Answer

Before creating a budget, it is important to assess your current financial position. This includes evaluating your income, expenses, debts, and savings. This will give you a clear understanding of where you stand financially and help you identify areas where you can make adjustments to improve your financial situation.

What Is First Step in Budgeting