Question

Part of keeping a budget involves _____.

making large, expensive purchases regularly

spending whatever money you make

planning expenditures and saving

keeping track of what you want to buy

Answer 1

Planning expenditures and saving

Answer 2

Since we have to choose from the given multiple-choices, we should analyze all the options separately. The first and the second options are not correct because the answers are inclined to spending and it is not a budget keeping plan. The last option is also not correct. If you don't consider what you are buying then tracking the purchases doesn't make any sense. However, the third option is correct because you pay attention to both spending and saving which is a budget planning. The correct answer is the third option.