Chapter 2 Study Guide | Print out this page or write down questions below and fill them in as you read through Chapter 2 Fill in the blank using your own words or quote directly from the book. What exactly is saving? What are the 3 points mentioned on why saving is important? What are the 4 points mentioned on How to save with the help of Budgeting? What are the 12 tips for creating a practical budget? Fill in the acronym SMART GOALS: S M A R T What is short-term savings? What is long-term savings? What are the 8 points mentioned for long-term financial planning?