A budget is an objective because it:
A. is your wish list.
B. itemizes the steps needed to turn your goals into reality.
C. shows in detail how you will spend your gross income.
D. helps you to keep up with inflation.

Question

A budget is an objective because it:
  A. is your wish list. 	
  B. itemizes the steps needed to turn your goals into reality. 	
  C. shows in detail how you will spend your gross income. 	
  D. helps you to keep up with inflation.

anonymous · Answer

I thought it was C but according to the grade it was wrong

anonymous · Answer

C sounded good at first but I think that they meant budget in a total planning sense. Like... I want to go to college so I need to plan to work for this much money and this many hours. I guess budget doesn't exactly mean that the end goal is spending. The end goal of a budget could be saving. Also, a budget doesn't need to only be on gross income. Gross income is everything, but you could just as easily create a budget for your lunch money to save up for a cookie on Friday if you skip the milk on Wednesday and Thursday.

anonymous · Answer

Whoop, I forgot to include that I thought the right answer would be B :)

anonymous · Answer

So, wouldnt it be D then?

anonymous · Answer

I don't think so, only because "budget" is very vague and often tends to mean short term sort of things, while inflation tends to be long term change.

anonymous · Answer

I see. It makes sense.

anonymous · Answer

Well, thank you <3