2
QuizMultiple Choice

Budgeting

Question 2 of 10 • OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27

When a person invests income, he or she

Answer
A
spends no money in the short term and saves it all for the long term.
B
uses money in a way that will increase its value in the future.
C
spends income only on essential needs such as housing.
D
cuts out all discretionary spending for a set period to save money.
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