2 which of the following is a true statement ...
2 which of the following is a true statement about budgets? a they encourage people to spend as much money as possible b setting up a budget will allow you to earn more money c the idea behind keeping a budget is to spend exactly as much as you earn d they allow people to track how and where their money is spent
Answer
# Brief Explanations:
Budgets are financial - planning tools. They are not about encouraging excessive spending (A is false). Setting a budget doesn't directly increase income (B is false). The goal isn't always to spend exactly what is earned; often, saving is part of the plan (C is false). Budgets help in tracking income and expenses.
# Answer:
D. They allow people to track how and where their money is spent