What is an essential first step in dealing with money wisely?a) Investing in stocks b) Understanding your income and expenses c) Applying for a credit card d) Spending more than you earn

Which of the following suggestions about managing money during tough times is sound financial advice?Group of answer choicesYou should never pay more than the minimum amount on your credit card balance. The stock market will give you a greater return on an investment than a savings account.Health insurance payments can wait if you are healthy.Do not try to consolidate your debt without researching the consolidation service thoroughly.

What is one way to achieve financial well-being?A.Spend money on wants, not needsB.Invest money in risky stocksC.Use your money wisely and purposefullyD.Buy anything you want

Opening a lot of credit accounts.   Keeping your balance at the maximum available amount of credit.   Paying off your debt as quickly as possible. Good job!  All of the above

Which of the following actions will likely make it hardest for you to save money in the long term?Group of answer choicesbuying groceries every week with your debit cardeating out once every three monthsnot using your credit card for six monthsinvesting a set amount every month in the stock market

4. Are there specific financial goals you’re working towards and what is your action plan to achieve this?