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manage money

Unit 1

Savings

How to Save Money for Beginners How to Set Saving Goals Best Savings Account Options

Unit 2

Expenses

How to Track Your Expenses How to Reduce Your Expenses Budgeting Tips for Beginners

Unit 2 • Chapter 3

Budgeting Tips for Beginners

Video Summary

The paper studies the problem of training a neural network to perform a given task. It proposes a new method that uses a dataset of human-generated examples to train the network. The method is shown to outperform existing methods on a variety of tasks.

Knowledge Check

What are the 3 main steps in budgeting?

Set goals, track spending, create a budget

Set goals, create a budget, track spending

Create a budget, set goals, track spending

Track spending, set goals, create a budget

What is the 50/30/20 rule?

A rule for saving money by allocating 50% of your income to needs, 30% to wants, and 20% to savings

A rule for saving money by allocating 50% of your income to wants, 30% to needs, and 20% to savings

A rule for saving money by allocating 20% of your income to needs, 30% to wants, and 50% to savings

A rule for saving money by allocating 30% of your income to needs, 20% to wants, and 50% to savings

What is the difference between a budget and a spending plan?

A budget is a plan for how you will spend your money, while a spending plan is a record of how you actually spent your money

A budget is a record of how you actually spent your money, while a spending plan is a plan for how you will spend your money

A budget is a plan for how you will save your money, while a spending plan is a plan for how you will spend your money

A budget is a plan for how you will invest your money, while a spending plan is a plan for how you will spend your money

manage money

Budgeting Tips for Beginners

Video Summary

Knowledge Check

.css-1hnz6hu{position:static;}.css-1hnz6hu::before{content:'';cursor:inherit;display:block;position:absolute;top:0px;left:0px;z-index:0;width:100%;height:100%;}How to Reduce Your Expenses

How to Reduce Your Expenses