ECONOMICS (CBSE/UGC NET)

ECONOMICS

BUDGETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What are all the things you should do with your money each week.
A
save
B
spend
C
hide
D
give
Explanation: 

Detailed explanation-1: -Owe it (taxes, debt) Grow it (investments, savings) Live with it (monthly expenses) Give with it (causes and charities)

Detailed explanation-2: -Pay off debt. If you have a significant amount of debt, consider putting your extra money toward paying that down or off. Boost your emergency fund. Increase your investment contributions. Invest in yourself. Consider the timing. Go ahead and treat yourself.

Detailed explanation-3: -Eliminate Your Debt. Set Savings Goals. Pay Yourself First. Stop Smoking. Take a “Staycation” Spend to Save. Utility Savings. Pack Your Lunch. More items

Detailed explanation-4: -Track your spending. One of the greatest contributors to overspending is a credit card. Establish a budget. Set up savings goals. Use an automated tool. Prepare for grocery shopping in advance. Bring your lunch to work. Stop paying for cable television. Create an emergency fund. More items

There is 1 question to complete.