Emma is planning a trip to Maldives. But before she takes the trip, she has to make a budget of her expenses. How will this budget help her throughout the trip?
A
It helps her control her spending.
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B
It helps her plan her income.
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C
It helps her track the expenses.
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D
It helps her save money.
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Solution
The correct option is D It helps her save money. A budget is a financial statement of all the expected expenses and income. Budgeting helps a person control their spending so that they do not exceed the income in hand. A budget also tracks all costs and helps save some money.