Solve this equation: Income - Expenses = ? (1 point)
5 answers
Savings
Is Cash the answer?
No, the correct answer is "Savings."
What are two good reasons to save your money: (2 points)
1. Emergency fund: Saving money can help you prepare for unexpected expenses or emergencies, such as medical bills, car repairs, or job loss, without having to rely on credit cards or loans. Having an emergency fund can provide financial security and peace of mind.
2. Long-term financial goals: Saving money can help you achieve financial goals, such as buying a home, starting a business, traveling, or retiring comfortably. By saving consistently over time, you can build wealth and achieve your long-term dreams and aspirations.
2. Long-term financial goals: Saving money can help you achieve financial goals, such as buying a home, starting a business, traveling, or retiring comfortably. By saving consistently over time, you can build wealth and achieve your long-term dreams and aspirations.
1 answer