Asked by Philasande
3.5. After understanding the importance of budgeting, identify THREE essential components that Katy should include in her monthly budget. – 3 marks
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GPT 3.5
1. Fixed expenses such as rent, utilities, and insurance payments.
2. Variable expenses including groceries, transportation, and entertainment.
3. Savings contributions for emergency funds, retirement, or future goals.
2. Variable expenses including groceries, transportation, and entertainment.
3. Savings contributions for emergency funds, retirement, or future goals.
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