What is a key requirement of a savings plan?

Question

A. to prioritize saving regularly without exception
B. to save any money that has not been spent
C. to prioritize saving money when it is convenient
D. to save money whenever you are at the bank or an ATM

Answer 1

A key requirement of a savings plan is A. to prioritize saving regularly without exception. This approach emphasizes the importance of consistent saving, which helps in building a financial cushion and achieving long-term financial goals.