QUESTION IMAGE
Question
question 3 of 6
what should be prioritized when creating a budget?
select a response.
○ future earnings
○ career path
○ credit report
○ needs and wants
When creating a budget, the key is to allocate funds based on what one needs (essential expenses like housing, food) and wants (non - essential but desired items). Future earnings are uncertain and not a direct budgeting priority, a career path is related to income generation long - term and not budgeting itself, and a credit report reflects credit history, not budgeting priorities. So "Needs and wants" is what should be prioritized.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
D. Needs and wants