Data mining shows that when customers use a budgeting app, their savings are usually higher, their debt is usually lower, and they sometimes have student loans. What is correlated with using a budgeting app?

Higher savings, lower debt and student loans.

Higher debt

Higher savings and lower debt

Higher savings

Respuesta :

Based on the given scenario about budgeting app, the situation which is correlated with using budgeting app is "Higher savings, lower debt and student loans".

What is budgeting?

This is the process of constructing or drawing up a budget. A budget is an amount of money or resources earmarked for a particular institution, activity or time-frame.

Budgeting helps to increase savings of an individual and to reduce debt because it makes it easy for a person to track its expenditures and revenue.

Therefore, the correct answer is option A

Learn more about budgeting:

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