Question

What is budgeting? (1 point)
Responses

comparing income to expected expenses and creating a spending plan
comparing income to expected expenses and creating a spending plan

creating big-picture objectives for how you’ll save and spend money
creating big-picture objectives for how you’ll save and spend money

identifying financial goals and the tactics to use to achieve those goals.
identifying financial goals and the tactics to use to achieve those goals.

paying out money when an insured person dies

Answer 1

Budgeting is best defined as: **comparing income to expected expenses and creating a spending plan.**