Which of the following statements accurately describes the "reality check" you should do when gathering information as part of budgeting?
A) Compare how you think you are spending your money with when and where your money is actually going by tracking your spending for about a month.
B) Compare what you think things cost with what they actually cost, and make adjustments in your budget accordingly.
C) Gather expense information from your college or university to get a true sense about whether the costs of going to school are worth it.
D) Compare your lists of wants and needs, and be diligent about depriving yourself of anything that isn't truly a need.
Correct Answer:
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