A
1. why are financial records important? how does keeping organized financial
records contribute to successful money management?
2. create a cash flow statement for your own finances. why are cash flow
statements useful in managing money?
3. what are the characteristics of successful budgets? what can you do to
cultivate these successful characteristics in your own money management?
4. what are the pros and cons of using the different types of budget systems?
which one do you prefer?
5. create a monthly budget for yourself using the steps discussed in the unit. if you
don't wish to discuss your financial situation, you can create a budget based on
an average individual your age.
