Porter just started college and is living in an on-campus dorm. It is the first time he's lived away from home, and he wants to make sure that he manages his money effectively so he can cover all his expenses. He learned in his College Success class that when creating a budget, it's a good idea to track your spending so that you know where your money is going. If Porter wants to get an accurate picture of his expenses, he should track his spending for at least
A) a few days.
B) a full week.
C) two full weeks.
D) a full month.
Correct Answer:
Verified
Q1: A spending plan that tracks all sources
Q2: A student loan disbursement is an example
Q3: Tuition is a type of
A) expense.
B) income.
C)
Q5: A fixed expense is
A) a one-time expense.
B)
Q6: Which is the BEST example of a
Q7: A variable expense is
A) a one-time expense.
B)
Q8: Which is the BEST example of a
Q9: Which is an example of a need
Q10: Which strategy will NOT help students cut
Q11: Gretchen, Paul, Faith, and Harry were all
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