Question

Calculating your expenses helps you budget because ______________________________.

A. you can return things you have bought more easily

B. you can understand how much money you can spend

C. you can stop spending money and save for your goals

D. you can figure out how to spend less and save more

Answer 1

[AI-generated answer — Bot GPT 3.5]

B. you can understand how much money you can spend

By knowing exactly how much money you are spending on various expenses, you can determine how much you have left to allocate towards savings or other financial goals. This understanding allows you to create a realistic budget and make informed decisions about your spending habits.