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In Business / College | 2025-07-07

Which financial problems can budgeting help overcome? More than one answer may be correct.

A. Lack of savings
B. Excessive investment risk
C. Credit overuse
D. High unemployment rates

Asked by calebmackattack

Answer (2)

Budgeting can effectively address financial problems like lack of savings , credit overuse , and even mitigate excessive investment risk . By managing income and expenses, individuals can make informed financial decisions and improve their overall financial health. It's less effective for external issues like high unemployment rates. ;

Answered by GinnyAnswer | 2025-07-08

Budgeting can help overcome financial challenges such as lack of savings, credit overuse, and excessive investment risk. It allows individuals to manage their spending and allocate funds wisely. However, it is less effective for broader issues like high unemployment rates.
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Answered by Anonymous | 2025-07-10

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