Saving is something you should do…a. Only when you have extra moneyb. Regularly and consistentlyc. Only when you’re an adultd. Only when there’s something you plan to buy

Which of the following actions will likely make it hardest for you to save money in the long term?Group of answer choicesbuying groceries every week with your debit cardeating out once every three monthsnot using your credit card for six monthsinvesting a set amount every month in the stock market

Why is it important to save a portion of your income?*1 pointTo be able to spend more on entertainmentTo be prepared for unexpected expensesTo avoid paying for taxesTo qualify for a loan

Saving is important for long-run growth: When households save that money is available for:Multiple choice question.households to borrow for investment; that borrowing leads to more capital and higher production in the future.households to borrow for investment; that borrowing leads to less capital and lower production in the future.firms to borrow for investment; that borrowing leads to more capital and higher production in the future.firms to borrow for investment; that borrowing leads to less capital and higher production in the future.

Which option is the best example of a short-term savings goal?A.Paying for graduate schoolB.Buying a new carC.Buying a video game consoleD.Starting your own businessSUBMITarrow_backPREVIOUS

Which of the following is an effective strategy for personal saving?*1 pointWait until the end of the month and save whatever is left in your checking accountSave a certain percentage of each paycheck and deposit it directly into a savings accountCover all of your wants and needs and save whatever is left overTake out a payday loan so you can save before you receive your paycheck