what are the main purposes of a budget? select three options. to record past income and spending to take out…

what are the main purposes of a budget? select three options. to record past income and spending to take out a student loan from the bank to plan future income and spending to apply for a mortgage to balance available resources and expenses

what are the main purposes of a budget? select three options. to record past income and spending to take out a student loan from the bank to plan future income and spending to apply for a mortgage to balance available resources and expenses

Answer

Brief Explanations:

A budget is a financial - planning tool. It records past income and spending to analyze patterns. It plans future income and spending to set financial goals. It also balances available resources and expenses to ensure financial stability. Taking out a student loan or applying for a mortgage are not main purposes of a budget.

Answer:

to record past income and spending to plan future income and spending to balance available resources and expenses