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

Question

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

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

C. because you need to by law

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

Answer 1

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