Debbie wants to plan a monthly budget for her family. Sequence the steps that Debbie needs to take for preparing her personal budget.
categorize the expenses into those that
could be avoided and those that are not
avoidable (like mortgage payments)
write down all the expenses that the
family incurs for the month
cut down on the expenses that have been
identified as avoidable
translate the monthly budget into a yearly
budget to achieve long term goals
invest a small part of the money saved in
something that could help the money
increase in value
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