Question

George wants to start saving more money. What is a good first step for him to follow? (1 point)Responses Identify and cut all essential expenses.  Identify and cut all essential expenses. Start putting 15% of his income into savings. Start putting 15% of his income into savings. Reduce spending on all expenses. Reduce spending on all expenses. Track his expenses for one month. 

Answer 1

A good first step for George to follow would be to **track his expenses for one month**. This will give him a clear understanding of his spending habits and help him identify areas where he can save money. Once he has this information, he can make informed decisions about which expenses to cut.