Respuesta :
Answer:
it makes the goals easier to reach
Step-by-step explanation:
you dont want to say you need 1,000 dollars.. you would want to say you are going to save 5 dollars a week till you reach it.
5 benefits of breaking down ones periodic savings have been listed below.
Breaking down the amount one will need to save on a daily, weekly or monthly basis is simply called budgeting.
Now, budgeting is very important because it helps to do the following;
- Helps to ensure you spend money appropriately on things that you really need and not just wants.
- Helps you to effectively monitor your spending habits/patterns.
- Helps you to meet your financial goals.
- Helps you to make good decisions on things that involve finance.
- Helps you to monitor your progress in savings or interest as the case may be.
Read more at; brainly.com/question/22532334
