ECONOMICS
SAVING AND INVESTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Focus
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Making saving a habit and a priority
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Your income
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Discipline
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Detailed explanation-1: -The Key to Saving Money Is To Pay Yourself First Simply put, it’s establishing the discipline to put a certain amount of every paycheck into savings for your future before you pay any other bills. Most individuals choose a specific percentage to take out each month, like 10% for example.
Detailed explanation-2: -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-3: -Traditional or Regular Savings Account. High-Yield Savings Account. Money Market Accounts. CD Account. Cash Management Account. Specialty Savings Account. 04-Jan-2023
Detailed explanation-4: -Budget. Budget. Cut down some expenses. Borrow wisely. Save with a purpose. Put your bonuses to good use. Automate your savings. Make use of apps to save better. Limit the liquidity of your funds. More items •07-Jan-2023