MindTap for Garman/Forgue's Personal Finance Tax Update, 13th Edition [Instant Access], 1 term
MindTap for Garman/Forgue's Personal Finance Tax Update, 13th Edition [Instant Access], 1 term
13th Edition
ISBN: 9780357438886
Author: GARMAN, E. Thomas, Forgue, Raymond
Publisher: Cengage Learning US
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Chapter 3.5, Problem 1CC
Summary Introduction

To Explain: Setting a financial goal is an important step in budgeting.

Concept Introduction: The budget is a financial plan. The budget consists of both financial and non-financial information. The budget is an estimation of income and expenses. The sources of income and scope of expenditures are included in a budget.

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