Question:
Which of the following is not a successful budgeting strategy?
a. keep some extra money in your budget for emergencies
b. pay with a credit card if you have a hard time sticking to a budget
c. think about which items are your most important needs
d. revisit your budget regularly and make adjustments
Personal Budgeting:
In finance, personal budgeting is a financial plan that logically allocates personal income towards personal expenses. It is done by considering previous income and spending and prioritizing what is the need.
Answer and Explanation:1
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The correct answer is option b. pay with a credit card if you have a hard time sticking to a budget.
There is sound personal finance when income...
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