Question

Choose all that apply.

Answer 1

Answer:

a. If you receive cash as a gift, save at least part of it.

b. Pay your bills on time to avoid late fees and finance charges.

c. Use direct deposit or set up your account to automatically transfer money directly into savings.

d. Save any extra money you get as a raise or bonus from your employer.

e. When you get a tax refund, save it.

Explanation:

The items above are clearly helpful to save while the next two may require additional considerations:

f. If your employer offers a retirement plan, join it.

You should analyze this investment option as you do with all your investment, you shoud not go willingly blind into accept a proposal.

g. Avoid debt.

If you are going into debt to acquire assets or leverage an already existing investment the debt will help you, not hurt you.

While the others are prcedures to generate savings this are den which require thinking into it.