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Questions and Answers
Which one of the following is a rule of good spending and saving according to the text?
Which one of the following is a rule of good spending and saving according to the text?
- Save what is left after spending
- Track spending is not necessary
- Spend more than you make
- Pay yourself last (correct)
According to the text, why is it important to have a savings mentality?
According to the text, why is it important to have a savings mentality?
- To be able to spend money freely
- To avoid paying bills
- To be able to afford everything you want
- To save money for meaningful purposes (correct)
According to the text, what is the impact of good saving/spending habits?
According to the text, what is the impact of good saving/spending habits?
- It becomes boring to save money
- It becomes harder to save money
- It becomes a discipline and actually fun to save money (correct)
- It becomes unnecessary to save money
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