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It is important to monitor your budget because 1.) you do not have to go back and monitor your budget once it was developed. 2.)

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It is important to monitor your budget because

1.) you do not have to go back and monitor your budget once it was developed.

2.) you can then go back to the original budget and revise it so that, going forward, you will be able to meet your expenses better.

3.) to make sure you spent what is budgeted in all your categories.

image text in transcribed
6 Wk 2 , Ch. 3 Practice [clue Mon] | 52% | 3.1 Developing. Implementing, and Monitoring a Household Budget It is important to monitor your budget because 0 you do not have to go back and monitoryour budget once itwas developed. 0 you can then go back to the original budget and revise it so that, going forward, you will be able to meet your expenses better. 0 to make sure you spent what is budgeted in all your categories. 0 your bank will be asking for your variances at the end of the month

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