select the correct answer. many experts suggest dividing money into which three categories: a. short - term…

select the correct answer. many experts suggest dividing money into which three categories: a. short - term savings, long - term savings, and small - item spending b. long - term savings, entertainment, and transportation c. small - item spending, food, and entertainment d. short - term savings, monthly bills, and food

select the correct answer. many experts suggest dividing money into which three categories: a. short - term savings, long - term savings, and small - item spending b. long - term savings, entertainment, and transportation c. small - item spending, food, and entertainment d. short - term savings, monthly bills, and food

Answer

Answer:

A. Short-term savings, long-term savings, and small-item spending

Brief Explanations:

Common budgeting advice often categorizes money into primary categories: short-term savings (e.g., emergencies), long-term savings (e.g., retirement), and daily/regular spending (small-item spending). Other options list specific spending subsets rather than primary categories.