Based on the preparation of the monthly budget tracking performed during the length of the course, you should have a good idea of what your spending trends are. Please answer the following questions using the data from Step 3: Did you notice any "eye opening" trends in your spending ? What were they? Were you consistently under or over your budgeted amount? Based on the expenses where you spent more than what was budgeted, what can you do to keep your spending under budget? Based on the expenses you spent less than what was budgeted, what can you do with the extra income you saved each month? Overall, how do you see the budgeting tracking exercise in this Project beneficial to your personal finances and your future goals?

Answer rating: 100% (QA)

Eyeopening trends in spending You should reflect on any unexpected patterns or trends you noticed du... View the full answer