ECONOMICS
RISK AND RETURN
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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spending
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investing for the future
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safety of the original amount
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finding an investment that pays high returns
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Detailed explanation-1: -The original amount of money you deposit or invest, excluding any interest or dividends, is called the principal. 2.
Detailed explanation-2: -Learn to budget and understand your finances. Get out of debt. Create a designated savings account. Automate your savings. Automate your bills. Put a spending limit on your card. Use the envelope budgeting system. Cut back on rent. More items •12-Aug-2022
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: -Step 1: Automate your good habits. Good habits are the foundation of smart spending and saving. Step 2: Know where your money goes. Step 3: Identify areas to cut back. Step 4: Create a budget you can live with.