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Questions and Answers
Which of the following is one of the 3 rules of good spending and saving?
Which of the following is one of the 3 rules of good spending and saving?
- Save first, spend second (correct)
- Spend more than you make
- Save what you have left over
- Save what is left after spending
According to Warren Buffett, what should you do with your savings?
According to Warren Buffett, what should you do with your savings?
- Save what you have left over
- Save what is left after spending
- Spend what is left after saving (correct)
- Spend more than you make
What is the recommended mindset when it comes to spending?
What is the recommended mindset when it comes to spending?
- I should only spend on necessities (correct)
- I deserve everything I want
- I can afford anything I want
- I should spend more than I earn
