Please choose the correct ending to complete the given sentence: Finance and Business: [header] How to work out a repayment plan [title] Formulate a budget. [step] In its simplest terms, a budget is just a record of how much income you have vs. how many expenses you have. A good budget will track all of your sources of income (e.g., main paycheck, child support, side jobs, etc.

Ending1: ) and calculate how much you can realistically afford to cut out your largest sources of revenue. [substeps] Analyze the total cost and determine how much you can reasonably cut out of your annual salary. Ending2: ) and record these costs on a spreadsheet. Look at how you compare these different sources of income to determine if your plan is a good choice. Ending3: ) as well as your regular spending (e.g., bills, food, clothing, etc. ) [title] Contact your creditor as soon as possible. Ending4: ), as well as any irregularities such as health costs, debts, etc. If you've written down your monthly income, you can now create a breakdown of all of your expenses or find other ways to estimate those expenses.

Answer format: ending1/ending2/ending3/ending4