Question

question 1 20 pts which of the following statements about budgeting is false? maintaining a budget helps you prepare for emergencies. creating a budget sheds light on bad spending habits. if you create a budget, you will be more likely to get into a good college. budgeting can help you make sure you dont spend money you dont have. question 2 20 pts how can one calculate their wealth? multiplying the debt and assets subtracting their debt from their assets subtracting their assets from their debt adding up all the cash in their checking and savings accounts

Explanation:

For Question 1, budgeting helps with financial management like emergency - preparedness, identifying bad habits, and avoiding over - spending, but has no direct link to college admission. For Question 2, wealth is calculated as assets minus debt.

Answer:

Question 1: If you create a budget, you will be more likely to get into a good college.
Question 2: Subtracting their debt from their assets