a person on a tight budget received a 2% salary increase this year. if the price of food increases by 5%…

a person on a tight budget received a 2% salary increase this year. if the price of food increases by 5%, what should he try to do first?\nreduce his variable expenses to increase his food expenses.\nwithdraw funds each month from savings in order to buy food.\nuse a credit card to buy food.\nshop for food once a week.

a person on a tight budget received a 2% salary increase this year. if the price of food increases by 5%, what should he try to do first?\nreduce his variable expenses to increase his food expenses.\nwithdraw funds each month from savings in order to buy food.\nuse a credit card to buy food.\nshop for food once a week.

Answer

Brief Explanations:

When a person on a tight - budget has a salary increase lower than the food - price increase, reducing variable expenses to cover higher food costs is a prudent first step. Withdrawing from savings regularly can deplete savings, using a credit card can lead to debt, and shopping for food once a week may not directly address the affordability issue.

Answer:

Reduce his variable expenses to increase his food expenses.