If You Spend More Than You Make, You Can Either

question 41

True/False

If you spend more than you make, you can either decrease your spending or increase your income to balance your budget.
The worst you can do is nothing. Take steps to confront the situation.

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Definitions:

Consent Order

A legal document, agreed upon by all parties involved, that outlines terms and conditions to which those parties have consented to be legally bound.

Administrative Law Judge

A judge who conducts hearings and issues rulings in disputes involving federal or state administrative agencies.

Procedural Rules

Regulations that outline the processes and methods to be followed in courts or administrative proceedings.

Interpretive Rules

Guidelines established by agencies to explain how they interpret and intend to apply the laws and regulations they enforce.