Question

You respond, “What you should do is create your own budget. A budget is _________________________. It lists all your _________________________ and _________________________. When you subtract _________________________ from _________________________, what is left can be a _________________________, _________________________, or it could be _________________________. The reason having a _________________________ is bad is because _________________________.

“Will my budget be anything like the government’s budget?”
You respond, “They have similarities and differences. Some similarities include _________________________. Some differences include _________________________.

Answer 1

You respond, “What you should do is create your own budget. A budget is a limit on a certain amount of money. It lists all your money and how much you should spend. When you subtract you "budget" from your total amount, what is left can be a savings, Account or it could be used to buy things that belong in another catagory. The reason having a budget is bad is because it can be hard not to give into temptation in going over your budget.
“Will my budget be anything like the government’s budget?”
You respond, “They have similarities and differences. Some similarities include they can both affect what your tax's go to. Some differences include the goverment's budget not being allowed to purchase leisure items.