Lesson 2: The Magical World of Budgeting

Question One

Answer B

Better start searching for a money tree.

If you don’t watch what you spend, sooner or later, your money’s going to run out. And where will that leave you? Broke, that’s where. The good news is, budgeting doesn’t have to be hard. Use an online budgeting worksheet to get a handle on what your overall financial picture looks like. Then use a service like Mint to keep a running tab on your finances. With a little planning and a smidge of discipline, you can stay in the black all semester long—and establish good budgeting habits that will last a lifetime.

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Answer B: Live large for as long as you can. Budgeting's for schmucks.