Answer:
This question is incomplete, since you did not provide the planning pages and rough draft that you have learned. Anyway, I will give you an answer that will be useful for this question.
Explanation:
Once a spending budget is established, you can get an idea of the total income that is needed to maintain or grow your money. This information is essential for formulating effective goals and plans.
Without spending budgets, you run the risk of overspending, reducing or eliminating profit margins.
The budget should be evaluated periodically in relation to a person's actual finances, to ensure alignment exists and to help identify potential spending problems, cash flow gaps, savings opportunities, or future profit scenarios.
Budget planning and tracking will help identify unnecessary expenses, adapt quickly to changes in financial situation, and also achieve financial goals.
C. It addresses the need for equality for all people.
Explanation:
The American Dream is out going and most of the time outrageous. Most of the time we dream up those amazing scenario for our future, but we forget about the reality of life. Reality has a way of turning the American Dreams into just a far thought. Reality comes with responsibility and commitment and it is hard to follow your dreams when you realize all the strings that are attached. Reality and dreams don't mix well.
