Are You a Smart Money Saver?
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Questions and Answers

Why have people become more cautious in using energy?

  • Because there are more energy-efficient options available
  • Because there are fewer energy sources available
  • Because energy is now very expensive (correct)
  • Because people are more aware of the environmental impact of using energy

    • Why have people become more savvy in using money?

  • Because there are more investment opportunities available
  • Because people have become more frugal
  • Because money has become less valuable
  • Because of the internet and the availability of financial products (correct)

    • What has contributed to the democratization of people's finances?

  • The decrease in interest rates
  • The internet (correct)
  • The increase in government regulations
  • The availability of financial advisors

    • What is the problem when it comes to interest rate issues, particularly with mortgages?

    <p>Most people are locked into fixed mortgages</p> Signup and view all the answers

    What has led to people becoming more cautious and savvy in using energy and money?

    <p>The internet and the proliferation of products and choice</p> Signup and view all the answers

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