What type of budget involves placing money into envelopes? mental budget physical budget written budget software budget

The correct answer is B. Physical budget

Explanation:

In finance, a budget refers to the amount of money you plan to spend during a certain time or for a specific purpose. Also, budgets can be general or specific, for example, if you are organizing a party you might set a financial plan or budget that includes multiple elements such as drinks, food, music, entertainment, etc. Besides this, there are many ways of creating a budget as you can just plan it in your mind (mental budget), write it down in a paper (written budget), use a software (software budget) or take the money you are going to spend and separate this physically by putting it in different drawers, boxes or envelopes (Physical budget). This means in the type of budget that involves placing money into envelopes is a physical budget.

*meditation

*music

*reading

*playing games

*going out to eat