10
QuizMultiple Select

Principles of Financial Planning

Question 10 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

What are the main purposes of a budget? Select three options.

Answer
A
to record past income and spending
B
to take out a student loan from the bank
C
to plan future income and spending
D
to apply for a mortgage
E
to balance available resources and expenses