Select all that apply Which of the following statements are correct about the various types of budgeting systems that an individual can use to create, implement, and monitor a budget? Multiple select question. A computerized budget can be done in MS Excel. A physical budget could involve placing money in envelopes. Written budgets are appropriate when there are minimal financial responsibilities. Quicken is a software package that can help you with budgeting. A mental budget exists only in your mind.