Describe how you can spend wisely or improve your spending habits.

Explanation:

You can take out money for your fixed expenses before making the variable expenses. Make a proper list of what you need, Don't buy something which you don't need. Must spare some amount for emergency purpose. If you want to improve your budget and spending, then the best option that would save you the most money would be buying the securities for a long period of time on fixed basis. This will allow you to hold your savings with the bank, and you won't be able to take them out easily before the term period. In this way you won't think of spending that money. Also you can have an interest amount earned on these securities. In this way you can save the most money.

answer; a large down payment,a longer term loan, would result in a lower monthly payment;