Even if, the annual balances, in certain months expenses may exceed income, causing a monthly budget deficit. Likewise, a surplus occurs when income in some months exceed expenses. It remedy may be:

Question

Taheireem Shaikh · Accepted Answer

Shift expenses from months which budget, deficits to months with surpluses for, (or alternatively, transfer income, if possible, from months with surpluses to those with deficit)

Taheireem Shaikh · Accepted Answer

Use savings, investments, or borrowing to cover temporary deficits

Taheireem Shaikh · Answer

Estimate genuine expenses

Taheireem Shaikh · Answer

Pay off your credit card

Question list

List of questions

Question 1

(0)

Question 2

(0)

Question 3

(0)

Question 4

(0)

Question 5

(0)

Question 6

(0)

Question 7

(0)

Question 8

(0)

Question 9

(0)

Question 10

(0)

Related questions

Question 103 - CTFA discussion

Suggested answer: A, B

0 comments