Which of the following is not necessary information for starting a budget?

Question

Money
Goal
Cost
Means

Answer 1

The term that is not necessarily required for starting a budget is "Means."

While "Money," "Goal," and "Cost" are essential components in the budgeting process—since you need to know how much money you have, what your financial goals are, and what the costs will be—"Means" is a more vague term and does not specifically relate to the immediate aspects of budgeting.