Question

Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial planning?

a. She keeps changing her mind about her goals.

b. She is reviewing her goals and aligning the budget to work toward them.

c. Her needs keep changing, so she changes her monthly budget.

d. She is not satisfied with the monthly budget outcome.

Answer 1

What is her reason for doing this in terms of smart financial planning?

A.

She keeps changing her mind about her goals.

B.

She is reviewing her goals and aligning the budget to work toward them.

C.

Her needs keep changing, so she changes her monthly budget.

D.

She is not satisfied with the monthly budget outcome.

Step-by-step explanation:

#platofam

Answer 2

The correct answer is letter "B": She is reviewing her goals and aligning the budget to work toward them.

Step-by-step explanation:

Smart financial planning is the strategy by which individuals or corporations adjust their budgets according to the current situation they face. The adjustments are done as many times as necessary to accomplish the goals those individuals or firms have set.

In Christie's case, the reason why she adjusts her budget by the end of every month is that she needs to match her expenses with her objectives so she can reach them.