A friend tells you that he has a job that pays us 1500, Ask an Expert

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A friend tells you that he has a job that pays US $1,500 per month (after tax); however, he is spending US $1,900 per month and taking on more credit card debt to meet his monthly bills. In conversation he says, "I love to fix up my car, and I love purchasing new clothes. I need money for the things I want to do." He ends the conversation by saying, "My father always says that I need a budget, but I tell him that I am doing just fine without one."

Compose an e-mail to send to your friend explaining personal financial management techniques he can employ.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9277397

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