Question
Djamila is using the envelope budgeting method. She wants to go out with friends to eat and opens her Restaurant envelope to find that it only has $5 left in it. What budgeting advice would you give to her?
A.
Borrow money from another category that will likely have a surplus this month
B.
Use her credit card and put extra money into the credit card envelope next month
C.
Dip into her emergency fund to cover the shortfall
D.
Suggest other options to her friends that don’t involve going out to eat
A.
Borrow money from another category that will likely have a surplus this month
B.
Use her credit card and put extra money into the credit card envelope next month
C.
Dip into her emergency fund to cover the shortfall
D.
Suggest other options to her friends that don’t involve going out to eat
Answers
GPT-4o mini
The best budgeting advice for Djamila in this situation would be:
**D. Suggest other options to her friends that don’t involve going out to eat.**
This option encourages her to stick to her budgeting principles while still spending time with friends. It allows her to maintain her financial discipline without resorting to borrowing from other categories, using credit cards, or dipping into her emergency fund.
**D. Suggest other options to her friends that don’t involve going out to eat.**
This option encourages her to stick to her budgeting principles while still spending time with friends. It allows her to maintain her financial discipline without resorting to borrowing from other categories, using credit cards, or dipping into her emergency fund.