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When it comes to saving money, what is a good rule of thumb? AKeep most of your savings in your checking account BPut aside money for savings each month CChoose the savings account with the lowest interest rate DPut anything you can’t afford on your credit card

User Raveline
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2 Answers

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When it comes to saving money, what is a good rule of thumb?

B.Put aside money for savings each month
Good luck! :)
User Lord Windy
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I believe the answer is: B. Put aside money for savings each month

By putting aside the money directly to your investment or saving account as soon as you receive your salary, you would eliminate the risk of you going too far and used it for your consumption. Also as a rule of thumb, it would be good for your financial health if you do this to 20% of your total income.

User Elmehdi
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