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In Business / College | 2025-07-07

What should you do if your expenses exceed your income?
A. Apply for a credit card.
B. Reduce your spending.
C. Save more money.
D. Take out a loan.

Asked by katherinemesa4576

Answer (1)

If your expenses exceed your income, the best first step is to reduce your spending by analyzing and cutting back on non-essential costs. This proactive approach helps maintain financial stability without increasing debt. Budgeting and planning are essential to managing finances effectively. ;

Answered by GinnyAnswer | 2025-07-07

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