The term used to describe a spending plan that assures what is needed and wanted is attained is:

Question

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A budget is a spending plan that allows individuals or households to prioritize their expenses by allocating funds to essential and desired items. By sticking to a budget, people can ensure that they have enough money for the things they need and want without overspending or falling into debt. Open-credit and installment buying, on the other hand, refer to payment options and do not necessarily guarantee that expenses are properly planned and managed. Consumer trap is a negative term used to describe marketing tactics that lure customers into making unnecessary purchases.

The Term Used to Describe a Spending Plan That Assures