Author Question: According to the text, what are the seven steps to creating a ... (Read 47 times)

swpotter12 · **on:** Jul 11, 2018

According to the text, what are the seven steps to creating a budget?

Question 2

What is the most common lifestyle among people in their 20s?
a. friends with benefits
b. being single
c. cohabitation
d. marriage

karmakat49 · **Reply #1 on:** Jul 11, 2018

Answer to Question 1

1) Get your checkbook, credit card statements, or other records of expenditures.
2) Make a column for each category of spending (e.g. tuition, spending, food, rent).
3) List each purchase as best you can under the proper column.
4) Total each column.
5) Add all the column totals together.
6) Compare this amount with your income.
7) Make adjustments where necessary.

Answer to Question 2

B