Which of the following statements describes a part of a reasonable method for increasing the amount of savings in the budget

. a. Keep "Essential Expenses (Fixed) " the same amount every time the budget is revised. b

. Occasionally pay a bill later than due, in order to increase available cash. c. Find a way to reduce "Non-Essential Expenses" in the monthly budget. d. Use only money from the coin jar towards "rainy day" expenses.

Question

Social Studies

Kamden Strong

18 February, 19:36

Which of the following statements describes a part of a reasonable method for increasing the amount of savings in the budget

. a. Keep "Essential Expenses (Fixed) " the same amount every time the budget is revised. b

. Occasionally pay a bill later than due, in order to increase available cash. c. Find a way to reduce "Non-Essential Expenses" in the monthly budget. d. Use only money from the coin jar towards "rainy day" expenses.

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Answers (1)

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Niko Friedman · Answer 1

The best way to increase saving is to either have higher gains or to decrease spending.

Among the options given the best one is: c. Find a way to reduce "Non-Essential Expenses" in the monthly budget.