Question

budgeting and saving reading quiz
question 6 of 10: if you have variable or inconsistent income you should estimate your monthly income by using the ______ earnings month.

a) highest
b) median
c) lowest
d) average

Explanation:

When dealing with variable or inconsistent income for budgeting, using the lowest monthly earnings as an estimate is a conservative approach that helps ensure you don't overestimate your income and can cover expenses even in months with lower earnings. The highest would overestimate, median or average might not account for the lowest - end variability well for financial planning safety.

Answer:

c) lowest