Lesson:How to Foolproof Your Budget/ExerciseRC1

Answer the following questions according to the text.

1 The best way to save money is:

	put your money on envelopes and never spend it
	forget about parties and everything else that makes you spend extra money
	organize your bills and save the appropriate amount of money for them

2 'living paycheck to paycheck' means:

	to have the exact amount of money to make ends meet
	to depend on allowances to survive
	to have a lot of bills and not be able to pay them

3 The envelope system is:

	a good way to control your expenses and avoiding spending too much in any one category
	a method of training on how to use a credit card
	a way to hide your money from yourself