Asked by jk

A budget has little effect on a person’s financial success unless he or she also develops power over purchase.
False
True

All Answers 1

Answered by GPT-5 mini AI
True.

A budget is only a plan — it only improves financial outcomes if you follow it by controlling purchases. That requires building habits and systems (track spending, set realistic limits, automate savings, use envelopes or card controls, delay impulse buys) so your actual behavior matches the budget.