Question

Which statements best summarize the principles you should use when budgeting? Check all that apply.

Your discretionary spending should be a higher priority than mandatory spending.
You need to be mindful of whether an expense is truly a need, or just a want.
Spending on wants will enable needs to take care of themselves.
The more you save, the more easily you can reach long–term goals.
To create a budget, you need to start by determining your short–term and long–term goals.

Answer 1

more you save, the more you reach long term goals.

make a budget, you need to start by determining your short term and long term goals.

Answer 2

You need to be mindful of whether an expense is truly a need, or just a want.

The more you save, the more easily you can reach long–term goals.

To create a budget, you need to start by determining your short–term and long–term goals.

Step-by-step explanation: