The answer to the query "Which of the following should you consider when setting a budget?" is D. All of the above.
Here’s a step-by-step breakdown:
1. Identify the Options: The options provided are:
2. Evaluate Each Option:
3. Conclusion: Since all three options (financial goals, needs and wants, and savings) are essential components to consider when setting a budget, the correct choice is D. All of the above.
Therefore, it is important to take all these factors into account to create a comprehensive and effective budget.