Jeannie owns a small business that sells candles and other little household knick-knacks. For several years her boyfriend, who was also an accountant, handled her budget. However, since they broke up, Jeannie must now handle the budget on her own. What is the best way for Jeannie to create a realistic budget?

A. • look at the past three months of expenses
B. • copy and paste the budget from three years ago
C. O look at the previous year's budget
D. • fabricate the budget to reflect what she wants it to be

1 answer

The best way for Jeannie to create a realistic budget is option A: look at the past three months of expenses. By analyzing her recent expenses, Jeannie can understand her current spending patterns and identify any areas of overspending or unnecessary expenses. This will allow her to create a budget that is based on her current financial situation and is therefore more realistic.