Question

You have revised your budget so that your entertainment expenses have been replaced. Now, you need to revise your budget to meet your long-term goal of saving $4,500. You will need to increase your savings to $300 month. How will you revise your budget to meet this goal?

Answer 1

In the current economy if anyone wants to save money from their income for a medium or long-term goal, they have to eliminate the ANT EXPENSES, these small expenses of the day such as coffee and sweets of all mornings or soft drinks of all the afternoons, are minimum expenses that if we look at them monthly it can mean a great saving, in this case 300 dollars

I hope it help you

Answer 2

Sample Response: I will reduce my discretionary spending to $165 in order to increase my savings budget to $300. This will allow me to meet my long-term goal, while also letting me keep some discretionary spending each month.