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Basics Beginner: How Your Daily Habits Impact Your Wallet

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1.
Planning and moderation are the key to sticking to a budget.
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True. In order to have the best chance to stick to a budget, it is best to plan carefully and spend moderately.
2.
Spending in _______ will help you keep to a budget.
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Moderation. Spending in moderation will help you keep to a budget.
3.
What is one way to control unnecessary spending?
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Tracking your spending. One way to control unnecessary spending is to understand how you are spending money and where your money goes.
4.
Small spending decisions can have major financial consequences in the long term.
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True. Small spending decisions can have major financial consequences in the long term.
5.
In a cost-benefit analysis, you compare what something costs against the benefits you'd receive by buying it.
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True. When you perform a cost-benefit analysis, you compare the costs and the benefits of buying something before you purchase it.