Lisa is very careful about her spending. She avoids going to restaurants, even with friends. She buys clothing only when absolutely necessary (to replace a piece of clothing that is worn out), and she buys the cheapest food she can find at the grocery store, even if it is not healthy food. Her friend suggests that she use a budget, but Lisa claims she does not need a budget since she is already able to save a lot of money each month. Does Lisa need a budget? Why?

A.) Lisa does not need a budget because she is effective at managing her money.
B.) Lisa needs a budget to help her save more money than she already does.
C.) Lisa does not need a budget because she already saves as much money as possible.
D.) Lisa needs a budget to help show her that she can spend money without risking her savings.

Given that Lisa is very careful about her spending. She avoids going to restaurants, even with friends. She buys clothing only when absolutely necessary (to replace a piece of clothing that is worn out), and she buys the cheapest food she can find at the grocery store, even if it is not healthy food. Her friend suggests that she use a budget, but Lisa claims she does not need a budget since she is already able to save a lot of money each month.

Even though Lisa saves a lot of money, a budget helps her to plan more accurately the amount she spends and the time she can spend.

Hence we find that

B) Lisa needs a budget to help her save more money than she already does.

D) Lisa needs a budget to help show her that she can spend money without risking her savings.