Discuss the steps in making a budget.
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budget only u can make. else no one can make your budget.
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Steps in making a budget
- All comprehensive monetary strategy begins with a reasonable budget. Your initial series of business is discovering out precisely how enormously you’re paying per month.
- Do aforementioned by discussing your bank records, vouchers, and economic records.
- Once you’ve estimated out how enough money you require to sojourn drifting financially per month, it’s a chance to discover your real income.
- To ascertain genuine profits and mortgage payoff purposes, you necessity to discover out if you possess a budget shortfall or overage.
- The most reliable method to sojourn on the peak of your budget is to document all of your expenditures and earnings.
Learn more on budget:
https://brainly.in/question/4149160
A consumer budget is Rs 40 .He is buying Good 1 and Good 2. Price oo Good 1 is Rs 8 and Good 2 Rs 10 per unit.
a) Draw a budget line.
b)Is consumer can purchase 5 unit of Good 1 and 5 unit of Good 2?
c) Show effect on budget line due to falling price of Good 1 from Rs 8 Rs 4 per unit.
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