Question

In your budgeting process, when should you look at
recurring expenses?
After your wants but before you needs
Before looking at your needs
After considering entertainment expenses
Before reviewing your wants

Answer 1

Answer:

Before reviewing your wants

Explanation:

In the budgeting process, the first category that needs to be accounted for is basic needs such as food, shelter, utilities like electricity, water and internet, and debt if you happen to owe it in some form.

Once the needs are accounted for, it is time to check those recurring expenses that are not considered essential, like home deliveries, internet purchases, and so on, and this check needs to be made before rewiewing your wants, which is the least essential expense category, and thus, the one that can be forgone in case your budget is not enough for it.