The Majority of Recipients of Public Assistance Through the Temporary

question 9

True/False

The majority of recipients of public assistance through the Temporary Assistance for Needy Families (TANF)program are young children

---

Definitions:

Spending Philosophy

An individual's approach or principles guiding how they allocate their financial resources.

Saving Money

The process of setting aside a portion of current income for future use, to cover emergencies, short-term goals, or long-term financial planning.

Financial Future

A term that refers to the projected financial status or health of an individual or entity, taking into consideration income, expenses, savings, and investments.

Financial Goals

Targets, usually defined in monetary terms, that individuals or organizations aim to achieve, such as saving for retirement or paying off debt.