Part 7 Review Questions

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  1. Question

    Do you think that writing down your goals and reviewing them on a regular basis could help increase your chances of accomplishing them? Why or why not?

  2. Question

    What is the relationship between spending and the ability to build wealth?

  3. Question

    Why does tracking how you spend money help you make better financial decisions?

  4. Question

    What is the purpose of an emergency fund and how much should it be?

Project

Choose a savings goal that you’d like to achieve before the end of the summer. Create a savings plan and keep track of your progress over the next few months.

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