SAVING MONEY PART 4

What is the first step in managing money well according to the passage?

• Educate yourself about financial management

• Save ten percent of your income

• Make a budget

• Start a part-time job

What should you do with your 'wants' according to the passage?

• Suppress them

• List them down

• Spend on them wisely

• Ignore them

How much money does the author challenge themselves to save weekly?

• RM50

• RM60

• RM10

• RM100

What is the guideline for saving money mentioned in the passage?

• Save ten percent of your income

• Save twenty percent of your income

• Save five percent of your income

• Save fifteen percent of your income

What does the author plan to do with their savings in ten years?

• Think about what to do with it

• Buy a car

• Go on a vacation

• Invest in stocks

Why does the author want to save money?

• To have the freedom to spend money any way they like

• To buy a new house

• To travel the world

• To lend money to others

What does the author do to keep track of their spending?

• Write down the particulars of every expense

• Use a mobile app

• Ask a friend to help

• Keep receipts

People will not be able to feel good whether they have too much or ________.

Having your own money can hinder you from borrowing or ________ from other people.

In order to save money, a person should know the difference between ________.