multiple choice question\nan important first step of wise money management is\no understanding how to spend…

multiple choice question\nan important first step of wise money management is\no understanding how to spend money wisely.\no knowing how much money you have.\no knowing how to make money.\no understanding the role money plays in your life.\nneed help? review these concept resources.\nread about the concept\nrate your confidence to submit your answer.
Answer
Brief Explanations:
To manage money wisely, one must first be aware of the amount of money available. Without knowing how much money there is, it's difficult to plan spending, make money - related decisions, or understand money's role. Understanding how to spend comes after knowing the amount, and making money is a different aspect from initial management steps.
Answer:
knowing how much money you have.