Question

Why should you keep track of how much money you spend on items like food, gas, and going out each week?


So you can be sure to save enough money each month


So you can know where your cash goes


So you can meet your savings milestones


So you can know when to use credit or debit

Answer 1

Correct answers:
- So you can be sure to save enough money each month
- So you can know where your cash goes
- So you can meet your savings milestones

Keeping track of weekly spending gives you visibility into patterns, lets you set and adjust a budget, and helps you hit short- and long-term savings goals. Knowing when to use credit or debit isn’t a primary reason for tracking spending (though the information can help inform that decision).