Which of the following is NOT a common budgeting strategy?

Question

Responses

Creating a savings plan
Creating a savings plan

Establishing an emergency fund
Establishing an emergency fund

Ensuring expenses are greater than income
Ensuring expenses are greater than income

Separating needs from wants
Separating needs from wants

Answer 1

The option that is NOT a common budgeting strategy is:

Ensuring expenses are greater than income.

This approach is typically detrimental to financial health, as it would lead to debt and financial instability. The other options listed are all common and effective budgeting strategies.