Savings are money for safe-keeping. The amount that one saves will be more or less the same when one decides to use or withdraw it. Savings can be through one's safe keeping or through a bank. However, interests are low in the bank. Investment, on the other hand, is money put up in chances for income. Good investments can make passive income for a person. Examples of investments are stocks and mutual funds.
Answer:
They have to make choices because:
- Generally, consumers are trying to get the most for their limited budget so must make wise choices to get the most out of their income.
- To be able to get the best-quality goods to suit their preference when buying.
- To avoid impulse buying.
- To avoid wastage of money due to impulse buying & improper planning.
- To get maximum number of items when buying,despite price increase.
Answer:
C
Explanation:
A resident is someone who lives somewhere. Therefore, they are a neighbor to the other people living in the apartment building.