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


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 one month.

1 answer

d. Track his expenses for one month.

By tracking his expenses for a month, George can get a better understanding of where his money is currently going and identify areas where he can cut back in order to start saving more. This will help him create a realistic budget and set attainable savings goals.
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