Answered

Get detailed and accurate responses to your questions on IDNLearn.com. Our community is here to provide detailed and trustworthy answers to any questions you may have.

Select the correct answer.

Marcus has reviewed his budget and discovered that he is spending more than he makes. Which of the following budget categories should he focus on reducing first?

A. Insurance
B. Mortgage
C. Food
D. Car payment

Sagot :

GinnyAnsweridn

Final answer:

To address overspending, Marcus should prioritize reducing expenses in the car payment category.


Explanation:

Identifying the Budget Category to Reduce Spending

When Marcus is spending more than he makes, he should focus on reducing expenses in the category of car payment. This category often accounts for a significant portion of monthly expenses and cutting back on it can help balance the budget.


Learn more about budgeting and expenses here:

https://brainly.com/question/34903472


We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com has the solutions to your questions. Thanks for stopping by, and see you next time for more reliable information.