Question

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What budget allocation can be changed if you alter your daily spending habits?
O rent
O savings
O insurance
O car payment

Answer 1

savings

Step-by-step explanation:

Your daily spending habits can have a big impact on how much money you are able to save each month. If you spend less on unnecessary things, like eating out, shopping, or entertainment, you will have more money left over to save.

The other budget allocations listed are typically fixed expenses, meaning that you cannot change them without making major changes to your lifestyle. For example, your rent, insurance, and car payment are all expenses that you need to pay in order to maintain your current lifestyle.

However, you may be able to reduce some of your fixed expenses by shopping around for better deals. For example, you may be able to find a cheaper insurance policy or get a lower interest rate on your car loan.

Overall, the best way to change your budget allocation is to reduce your spending on unnecessary things and save more money each month.