Why do people have to prioritize when it comes to making a budget ? how do they usually prioritize ?

A budget is a plan that helps you prioritize your spending. With a budget, you can move to focus your money on the things that are most important to you. It may be getting out of debt, saving up for a home or working on starting your own business.Aug 4, 2019

answer; (you have the right of way);

"choosing is refusing" means individuals face an opportunity cost with each decision they make. economists state that every decision involves trade-offs. opportunity cost is the least desirable alternative given up as a result of a decision.