Budgeting

Question 1

balanced budget

Answer 1

one for which the amount spent is less than or equal to the amount earned

Question 2

discretionary

Answer 2

expenses that are optional

Question 3

invest

Answer 3

to spend money and or time on an asset with the hopes that it will increase in value over time

Question 4

withholdings

Answer 4

amounts removed from gross income to pay for taxes or other expenses