8
QuizMultiple Choice

3.11 Budgeting

Question 8 • Personal Finance - EL3403

When creating a budget, log fixed expenses

Answer
A
before income.
B
after income.
C
after savings.
D
at the top.

Explanation

Start a budget by recording your income so you know how much money is available. Then list fixed expenses, such as rent or loan payments, which are regular costs paid from that income. The correct choice is “after income.”

AI-written and checked against the verified answer.

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