Why is it important to save money? A) If you have money in savings, you won’t be charged interest on your loans. B) If you save money now, you will have multiple bankruptcy options in the future C) Saving money allows you to pay for expensive goods and services in the future. Eliminate D) Saving money is a requirement once you start earning a regular salary.

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17-07-2022
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Why is it important to save money? A) If you have money in savings, you won’t be charged interest on your loans. B) If you save money now, you will have multiple bankruptcy options in the future C) Saving money allows you to pay for expensive goods and services in the future. Eliminate D) Saving money is a requirement once you start earning a regular salary.

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dubeyshailja64 dubeyshailja64 · Answer 1 · 2022-07-19T10:45:30+02:00

It is important to save money because Saving money allows you to pay for expensive goods and services in the future. Thus the correct answer is C.

What is saving money?

When an individual keeps some amount of money as security or storage to be used in future circumstances, it indicates a saving of money. These savings of money were utilized during the emergency situation.

Saving helps to limit expenses to encourage more money flow. It helps to fulfill the wishes in the future by storing adequate funds.

Therefore, option C is appropriate.

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