Budget planning-pending before creating a budget

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Reference no: EM131508722

Budget Planning. Why is it important to track your spending before creating a budget?

It is important to track your spending before creating a budget because:

A. until you know what you spend money on it will be impossible to forecast all of your expenses.

B. you may not need to create a budget if you have enough money to purchase everything you want.

C. until you know what you spend money on it will be impossible to forecast all of your assets.

D. you may not need to create a budget if you know what you spend money on.

Reference no: EM131508722

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