B. Fase 18. A personal balance sheet reports your income and expenses A Tue B. False 19. A fixed .cash flow D. insolvency 20. One A. Live within your income. B. Spend your money quickly. C. Reach your career goals. D. Prepare for financial of the main purposes of a budget includes: 21. Financial goals should take a SMART approach with goals that are: A Time-based B. Realistic D. Measurable and specific. E. All of these 22. A tax is an amount subtracted directly from the amount of taxes owed. In other words a taxis a dollar-for-dollar reduction in tax liability. A credit D. exclusion E. shelter 23. Capital gains refer to profits from the sale of stocks, bonds, or real estate. A. True B. False