1. What is a money plan?

A thoughtful plan for earning, saving, spending, and reaching goals A way to spend everything A shopping advertisement A bank password

2. What should you consider first when making a money plan?

Your available money and goals Only advertisements Only wants Someone else's budget

3. Why include savings in a money plan?

To make progress toward future goals To spend it immediately To remove every choice To avoid goals

4. Why leave room for important expenses?

Needs and obligations should be considered in the plan They never cost money Only wants matter Expenses disappear automatically

5. What should you do if your plan is not working?

Review it and make reasonable adjustments Ignore the problem Spend more automatically Stop tracking money

6. How can tracking spending help?

It shows where your money is going It makes every purchase free It guarantees income It removes the need for a plan

7. What is a good question before changing your plan?

Does this change still support my needs and goals? Can I ignore my goals? Can I spend everything? Can I stop checking my money?

8. A strong money plan should help you do what?

Make intentional decisions with your money Avoid every decision Buy every want Spend without limits