Question

What is a mock savings schedule? I don't understand what it is, or what it looks like. Can someone help me? I need this for a question for Life Skills.

Answer 1

Answer:

Mock budget requires funds set aside for investments at each point of your life.

Explanation:

Working backwards is the easiest way to build a strategy that you can adhere to. Before you can build a retirement strategy, you must first decide how much money you need and where you intend to get it saved. All you need to do is some quick math to determine how much money you'll need to save per week. You'll split the cumulative amount you want to save by the number of weeks you have.

Answer 2

Answer:

It's a schedule that depicts the relationship between savings and the level of income.

Explanation: