Question

what does monitor mean here? preparing a budget can be an effective way to monitor your finances, track your expenses, and help you save money. monitor verb to watch carefully monitor noun a computers display or screen

Explanation:

In the sentence "Preparing a budget can be an effective way to monitor your finances...", the context is about keeping an eye on finances. The verb definition "to watch carefully" fits here as monitoring finances means carefully observing them, while the noun definition about a computer screen is irrelevant to the financial context.

Answer:

monitor verb to watch carefully