Question

margie wants to reduce her spending first she makes a list of all of the things she usually spends money on in a week what should she do next?
choose the correct answer below
a. circle all of her favorite things
b. write down the day of the week when she usually makes the purchase
c. compare her list with her friends list
d. divide the list into two columns for needs and wants and put each item in the appropriate column

Explanation:

When reducing spending, categorizing expenses into needs (essential) and wants (non - essential) helps identify areas to cut. Writing the day (B) doesn't directly aid in reducing. Comparing with a friend (C) may not be relevant. Circling favorites (A) doesn't address spending reduction. Dividing into needs and wants (D) is a practical step for analyzing and reducing spending.

Answer:

D. Divide the list into two columns for Needs and Wants and put each item in the appropriate column.