In the process of creating his first personal budget, Jacob had to deal with the pile of paystub’s receipts and bills that he accumulated on his desk to create an accurate budget, roughly how many months of data will he need to include in his estimates
To create an accurate budget, Jacob will need to include data from the past few months. It is recommended to include at least three months of data to account for any irregular expenses or fluctuations in income. Therefore, Jacob should include data from the past three months in his estimates.
