Respuesta :
Answer:
Budgeting helps consumers to keep their income below the expenses.
Explanation:
- Budgeting is creating a frugal plan to spend the money wisely so as the expenditure is below the level of income.
- It is the way of minimizing the expenditure by its effective utilization in purchasing welfare and cutting the unnecessary expenses so that necessary goals are achieved through minimum expenses of consumer.
- Budget helps to keep your expenses low by spending the resource in what is necessary rather than what is desired.
- In management process, budgeting helps managers to think for the long term with definite plan.
Answer:
keep their expenses under their income
Explanation:
if you spend less money than you make, while getting what you need, then you can save your money to get what you want, normally if you do get what you want it was from long term planning, meaning you could have been saving your money for months, or years saving up, knowing that's what you were saving up for.