It's helpful to set short and long-term financial goals and manage your money to meet them. . . . A good way to take control of your spending is to set the maximum amounts you plan to spend each week or each month. Once you've set the maximum, stick with your plan. . . . Be careful not to let a sale or discount coupon persuade you to purchase something you don't really need and that isn't in your spending plan. "Spend," MyMoney.gov Based on the text above, what is the effect of setting limits on personal spending? MCM.1.1 Responses It encourages a person to unnecessarily spend money on sale items. It encourages a person to unnecessarily spend money on sale items. It helps a person to use credit to buy items that he or she cannot otherwise afford. It helps a person to use credit to buy items that he or she cannot otherwise afford. It allows a person to spend more money over the short term to meet long-term goals. It allows a person to spend more money over the short term to meet long-term goals. It gives a person control over their spending and supports long-term budget