What is the first step in setting up a budget?

Acalculate your fixed expenses
Bcalculate your variable expenses
Cdetermine your gross income for the year
Ddetermine your net income for the year

Verified Answer :

I believe it would be D. Not 100% on it but i am fairly certain.

Answer:

The Correct Answer is A

Explanation:

Go through these steps for fixing up a practical budget approach that takes you to step in setting up a budget.

  • Calculate expenses. Your primary sequence of concern is obtaining out precisely how much you're going to spend each month.
  • Conclude your wages or your Income.
  • Estimated savings and mortgage payoff aims.
  • Record spending and track growth.
  • Be practical.