Although the majority of americans think budgeting is

Subject : Business

Question: Although the majority of americans think budgeting is important, about______ of americans actually use a budget.

a. 75%

b. 50%

c. 23%

d. 35%

Expert Verified Solution:

The correct answer is:

C) 23%

Explanation:

Although many Americans recognize the importance of budgeting, studies, and surveys often reveal that only about 23% actively use a budget to manage their finances. This discrepancy highlights a gap between the understanding of budgeting’s significance and the actual practice of it.