Identify what the goal of creating a personal budget is and then explain how the choices you make regarding fixed and variable expenses can you achieve your personal budget? ,

One makes a personal budget in order to keep track of personal finances so that income meets needs. If we were to overspend, we would run out of money before addressing all of our needs. Choosing fixed expenses helps because they are easier to plan for in a budget. Variable expenses are less concrete and often make the difference in living up to a budget successfully or not.