Answer:
Part One: Two important strategies from Chapter 10 that I can adopt in order to make more informed financial decisions right now are budgeting and saving. Budgeting allows me to better track my spending and make sure I am not overspending in any area. This can help me understand where I am currently at financially and plan for the future. Saving is also important, as having a nest egg for emergencies or for retirement can ensure that I am financially secure.
Part Two: Two useful ideas/concepts I learned from completing the Understanding the Basics of Budgeting WhichWay module this week were the importance of setting financial goals and creating a budget plan. Setting financial goals allows me to determine how much money I need to save to reach my goals and create a plan to get there. Creating a budget plan can help me stay on track financially and make sure I am not overspending. These ideas/concepts are relevant to me personally because I am currently in college and want to ensure that I am financially secure after I graduate. Having a budget and saving plan in place can help me reach my financial goals and prepare me for life after graduation.