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Economics

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What are the things that we need in allocating a budget

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Answer:

Step 1: Set Realistic Goals. Goals for your money will help you make smart spending choices. ...

Step 2: Identify your Income and Expenses. ...

Step 3: Separate Needs and Wants. ...

Step 4: Design Your Budget. ...

Step 5: Put Your Plan into Action. ...

Step 6: Seasonal Expenses. ...

Step 7: Look Ahead.

Explanation:

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