Wiki User
∙ 7y agoReview your budget and make adjustments so that you can add savings and miscellaneous categories to the budget.
Damya Magwood
Wiki User
∙ 7y agoIf you have a total consumption budget, what should you do to ensure you have enough money saved for emergencies and meeting long-term goals?
With a total consumption budget, there is no net income or savings.
With a total consumption budget, there is no net income or savings.
With a total consumption budget, there is no net income or savings.
A total consumption budget means that all the money is spent on planned needs, and there is none left over as discretionary income.
A total consumption budget means that all the money is spent on planned needs, and there is none left over as discretionary income.
Total income spent on the consumption of goods and services.
to ensure that you do not have a total consumption budget, which two categories should be added to your budget?
FEMA spends about 6 percent of its budget on national emergencies. :)
savings and miscellaneous
savings and miscellaneous
there is no discretionary income
it is designed to reach short-term goals