Question

Which is not a recommended budgeting strategy?

A) Write out your budget at the beginning of the month,
B) Learn to say no,
C) Before taking on a loan payment, prove yourself first for roughly 6 months,
D) Overestimate your income and underestimate your expenses

Answer 1

The correct answer is D) Overestimate your income and underestimate your expenses.

Step-by-step explanation:

The correct answer is D) Overestimate your income and underestimate your expenses.

When budgeting, it is important to be as accurate as possible in estimating your income and expenses. Overestimating your income can lead to relying on money that you don't actually have, which can result in financial problems. Underestimating your expenses can lead to not allocating enough money for essential items or unexpected costs.