Blog #19: Answer 2

Label: Presentation

(Fitting since I made a new answer to my EQ.)

1.  What is your EQ?

• How could a person become a millionaire without inheriting or winning the lottery?

2.  What is your first answer? (In complete thesis statement format)

• A person can become a millionaire if they know when to spend their money and when not to.

3.  What is your second answer? (In complete thesis statement format)

• Making a budget and sticking to it will help a person become a millionaire.

4.  List three reasons your answer is true with a real-world application for each.

• For people who are big spenders, a budget can help them keep them from spending to much so they can save their money. 
• A budget can also help people know how much they spend and how much they have so they know when they are doing good or bad.
• A budget can help manage your debts and help pay them off.

5.  What printed source best supports your answer?

• How to Stop Overspending and Get Your Budget Under Control.

6.  What other source supports your answer?

• Understanding Why Budgets Fail – 8 Steps to Fix a Broken Budget

7.  Tie this together with a  concluding thought.

• A budget can help many people struggling to pay off debt, don't know if they can afford anything or who spend too much on stuff they don't need.