Question

Armand’s budget included saving $100 a month but money just seems to slip through his fingers and he rarely is able to save any money. what should he do? choose all that apply 3 points.

a. incorporate the “pay yourself first” concept into his budget.
b. look at his budget to find places where he can cut expenses.
c. look at his budget every night before playing video games.
d. set up automatic, saving into his account.

Answer 1

Armand should incorporate the “pay yourself first” concept into his budget and set up automatic savings into his account to help him save money. This means that he should prioritize saving money by setting aside a portion of his income before paying for other expenses. He should also consider looking at his budget to find places where he can cut expenses. However, looking at his budget every night before playing video games is not an effective solution to his problem.