Question

1. make sure you have a miscellaneous
2. use a budgeting app that works for

analyze and reflect
after you watch the video, respond to the question(s) below.

1. you need to give every dollar a name. why is this important? what have a plan for every dollar you make?

Explanation:

Giving each dollar a name in budgeting helps with tracking income and expenses, ensuring financial goals are met and avoiding over - spending. It provides clarity on where money is going and enables better financial planning.

Answer:

It is important to give every dollar a name in budgeting as it allows for better financial control, helps in achieving financial goals, and provides clear visibility of income and expenses. Having a plan for each dollar ensures that money is allocated purposefully and reduces the likelihood of over - spending or mismanaging funds.