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Questions and Answers
What is the recommended saving percentage from your earnings to become richer?
What is the recommended saving percentage from your earnings to become richer?
- 40%
- 30%
- 10%
- 20% (correct)
Why is it advised to avoid impulse buying to become richer?
Why is it advised to avoid impulse buying to become richer?
- To follow trends
- To impress others
- To control expenditures (correct)
- To get a discount
What is suggested as a way to make your money multiply?
What is suggested as a way to make your money multiply?
- Spend lavishly
- Buy unnecessary things
- Invest in business (correct)
- Don't save money
Why is careful study needed when deciding where to invest your money?
Why is careful study needed when deciding where to invest your money?
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Why is owning a house and lot considered better than renting?
Why is owning a house and lot considered better than renting?
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What is a recommended step for ensuring a future income according to the text?
What is a recommended step for ensuring a future income according to the text?
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