Final answer:
A budget is important for everyone, including those who don't earn a consistent monthly salary. It helps them plan their expenses, prioritize their spending, and save for the future.
Step-by-step explanation:
A budget is a summary of two things: Your income and your expenses. It helps you track how much money is coming in and going out, and allows you to make informed decisions about your spending. Budgeting is important for everyone, including those who don't earn a consistent monthly salary.
For people who don't earn a consistent monthly salary, budgeting becomes even more crucial. It helps them plan for irregular income and allocate their money wisely. Budgeting allows them to prioritize their expenses and save for the future.
For example, if someone doesn't earn a consistent monthly salary, they may need to budget their income from freelance work or part-time jobs. They can plan their expenses based on their average income over a certain period of time and adjust their spending accordingly. They can also set aside a portion of their income for saving or emergencies.