Which of the Following Are Reasons for Keeping a Spending

question 23

Multiple Choice

Which of the following are reasons for keeping a spending journal?

• A)To become more aware of what you are buying and how much it costs
• B)To help you think about the value of what you are buying before you spend
• C)To track where your money goes so you can stop the "little leaks" by making changes in your spending habits
• D)All of the options are correct.

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Definitions:

Fatty Acid

Organic compounds consisting of a hydrocarbon chain and a terminal carboxyl group, important components of lipids in the body such as fats and oils, playing key roles in energy storage and cell structure.

Carbon Chain

A series of carbon atoms linked together, which can be straight, branched, or arranged in rings, forming the backbone of organic molecules.

Triglycerides

A type of fat (lipid) found in your blood, used by the body for energy but high levels can increase the risk of heart disease.

Glycerol

A simple polyol compound that serves as a building block for lipids and can be converted into glucose by the liver.