GROWTH DEVELOPMENT CHILD
MASLOW HIERARCHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Family A prioritizes paying for their rent over saving for a family car.
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Love and Belongingness
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Esteem
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Physiological
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Safety
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Explanation:
Detailed explanation-1: -Remember, retirement, credit card payments, and emergency savings should be your top financial priorities.
Detailed explanation-2: -Saving as a family helps to prepare for unexpected financial expenses. As we all have realized, unforeseen circumstances such as the nationwide covid pandemic and inflation can take a toll on our finances.
Detailed explanation-3: -A budget helps you to be financially stable. It becomes easier to track expenses, pay bills on time, start saving for an emergency fund and save for milestone achievements, like buying a house or starting a business.
There is 1 question to complete.