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Understanding the importance of budgeting

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Reference no: EM132330910

Statement

  • By understanding the importance of budgeting, you are more likely to avoid financial problems (debt).

Questions

  1. Using your knowledge at this point, explain what this statement means to you.
  2. Explain the relationship between income and expenses, along with the difference between fixed and variable expenses.
  3. Research and briefly describe two apps/computer programs you could use to budget your money. Remember to paste the links.
  4. Based on your findings, which one of the two apps/programs would you use and justify your reasons for selecting that program/app.

Reference no: EM132330910

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