Why is it important to track your income and your expenses?(1 point)

Question

Responses

because knowing whether you can afford your lifestyle or not is the first goal of financial literacy
because knowing whether you can afford your lifestyle or not is the first goal of financial literacy

because knowing whether you can afford your lifestyle or not is the only goal of financial literacy
because knowing whether you can afford your lifestyle or not is the only goal of financial literacy

because you need to by law
because you need to by law

because your income will tell you how much money you can save

Answer 1

because your income will tell you how much money you can save

Answer 2

As you grow older, which of these might make you change your personal finance decisions more?

(1 point)
Responses

your family priorities
your family priorities

your education
your education

your social lifestyle
your social lifestyle

your entertainment