Question
Which of the main components of money management involves creating a plan for spending and saving during particular time periods, Such as a year, month, or week?
A. Financial records
B. Personal financial statements
C.budgeting
D. Filing taxes
A. Financial records
B. Personal financial statements
C.budgeting
D. Filing taxes
Answers
GPT-4o mini
The correct answer is C. budgeting. Budgeting involves creating a plan for spending and saving over specific time periods, such as a year, month, or week.