3 in what way is a kids budget similar to an ...
3 in what way is a kids budget similar to an adults budget? a the goal for both is to have less money going out than coming in b both have about the same ratio of income and expenses c people can save money with both by earning less than you spend d both adults and kids tend to spend their money on the same items
Answer
# Brief Explanations:
The fundamental goal of any budget is to have a positive cash - flow, meaning income exceeds expenses. Kids and adults aim to spend less than they earn. Option B is incorrect as kids and adults have different income and expense patterns. Option C is wrong because saving requires earning more than spending. Option D is incorrect since adults and kids have different spending priorities.
# Answer:
A. The goal for both is to have less money going out than coming in