Personal Finance (MindTap Course List)
Personal Finance (MindTap Course List)
13th Edition
ISBN: 9781337099752
Author: E. Thomas Garman, Raymond Forgue
Publisher: Cengage Learning
Question
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Chapter 3, Problem 4FPC
Summary Introduction

Case summary: Mr. S, a political scientist graduated 8 months ago has problems in managing his budget. He has got a regular income and no large bills but still fails in managing the budget since he like to spend without a purpose and exceeds his budget every month. His credit card balances keep on increasing and he really needs to follow some budget control methods.

Characters in the case: Mr. S

Adequate information:

Mr. S earns a regular income and has no large bills

Mr. S has no control over his budget and exceeds the budget every month

To determine: determine: Budget control methods and how to each one of them be helpful in gaining control over the finances.

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