QUESTION IMAGE
Question
question 9
balancing your budget means:
when income - savings - expenses = 0
when income - savings - expenses = positive number
when income - savings - expenses = negative number
Brief Explanations
Budget - balancing means total income minus savings and expenses results in zero. This implies that all income is accounted for either in savings or expenses, with no surplus or deficit.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
When income - savings - expenses = 0