Select the statement that is not true.(1 point)

Responses

A balanced budget provides a sense of security because of knowledge that end-of-month bills can be paid.
A balanced budget provides a sense of security because of knowledge that end-of-month bills can be paid.

Budget planning creates awareness about how income is spent and may create better spending habits.
Budget planning creates awareness about how income is spent and may create better spending habits.

Budgets should be re-evaluated regularly especially when financial situations change.
Budgets should be re-evaluated regularly especially when financial situations change.

Budget planning is not a component of financial planning.

Budget planning is not a component of financial planning.