Question

brian just started using a budget he proudly tells friends that his budget helps him know where his money is being spent it allows him to spend some money on entertainment with the peace of mind that he will be able to pay the rent and even gives him more money each month evaluate brian's understanding of budgeting

Answer 1

Brian understands budgeting quite well. If you have an expense that isn't a need, you absolutely need to budget for it. If you don't budget for these things, you won't be able to afford necessities. 

Answer 2

Explanation:

From the given information we find that a budget gives a better idea to have the plan of expenses for different heads.

In this case, Brain's contention that his budget helps him know where his money is being spent it allows him to spend some money on entertainment with the peace of mind that he will be able to pay the rent and even gives him more money each month is very accurate

Budget gives us an idea about the amount spent for luxuries or entertainment and hence gives an analysis, control, and replan.