George wants to start saving more money. What is a good first step for him to follow?

Question

A. Identify and cut all essential expenses.
B. start putting 15% of his income into savings.
C. reduce spending on all expenses.
D. track his expenses for 1 month.

Answer 1

D. Track his expenses for 1 month.

By tracking his expenses for a month, George will be able to identify where his money is going and see where he can potentially cut back on unnecessary expenses. This will help him create a budget and set specific savings goals for the future.