Max wants to monitor his expenses for a month. What should he do first?  Choose the correct answer below.   set up a system to record bill payments and daily spending   look over his credit card statements for the past year   consider ways to reduce what he borrows   stop spending money on his favorite hobbies

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter5: Managing Checking And Savings Accounts
Section: Chapter Questions
Problem 7FPC
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Max wants to monitor his expenses for a month. What should he do first? 

Choose the correct answer below.
 
set up a system to record bill payments and daily spending
 
look over his credit card statements for the past year
 
consider ways to reduce what he borrows
 
stop spending money on his favorite hobbies
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