Question

Luke wants to treat Jessie to an expensive ghost tour and mystery dinner theatre with an​ all-you-can-eat buffet on Saturday evening. In anticipation of the large​ expenditure, he intends to pack his lunch on​ Monday, Wednesday, and Friday and forego lunch on Tuesday and Thursday. What has Luke created in anticipation of the dinner and​ expenditure?

Answer 1

Answer: Mental budget

Explanation: Mental budgeting is a very common idea in most individuals which usuly involves taking virtual account of spendings, projects and other financial projections in our thought or memory. Mental budget aids in making quick financial decisions, keeping track of how certain financial budget or expenditure would be realized. In the scenario above, Luke's anticipated dinner preparation with Jessie would require capital and as such he tries to make Financial projection of how to make it a reality by performing a sort of mental evaluation of to make it happen.

Answer 2

Mental budget

Step-by-step explanation:

A mental budget can be defined as a reference point, or a goal which provides expectations and serves as a guide in evaluation. It is more of having a pictorial view of one's expenses before the actual expenditure. It serves as a guide or bridle.