question 2 of 8\nhow can a budget help you reach your financial goals?\nselect a response.\nbudgeting helps…

question 2 of 8\nhow can a budget help you reach your financial goals?\nselect a response.\nbudgeting helps track spending and increases savings.\nbudgeting reduces credit card interest rates.\nbudgeting can help you make smart investments.\nbudgeting allows you to earn more money over time.

question 2 of 8\nhow can a budget help you reach your financial goals?\nselect a response.\nbudgeting helps track spending and increases savings.\nbudgeting reduces credit card interest rates.\nbudgeting can help you make smart investments.\nbudgeting allows you to earn more money over time.

Answer

Brief Explanations:

Budgeting is a financial - planning tool. It helps in tracking income and expenses. By knowing where money is being spent, one can control spending and increase savings, which are key steps towards financial goals. Reducing credit card interest rates is more related to credit - management strategies rather than budgeting directly. Making smart investments requires financial knowledge and market analysis in addition to budgeting. Budgeting doesn't directly allow one to earn more money over time; it helps in managing existing income better.

Answer:

Budgeting helps track spending and increases savings.