Question

In one or two sentences, explain your answer: Should you put money aside in savings if you have used all of your income to pay for fixed, variable, and discretionary expenses?

(PLEASE HURRY)

Answer 1

In my opinion I would put it off for savings. Why? Because times are hard right now for everyone. You dont want to be that one person that doesnt have enough money to support themselves. Saving also has an other term we should all practice on called ¨Self discipline¨. Without Self Discipline how can you save up money or even save in general? When you dont have self discipline you often find yourself wasting money or wasting certain things that you can use to better or value your life. Hope this helps bro!

Step-by-step explanation:

Answer 2

If you have payed for all of your expenses a certain percentage should be put into savings while the other can be used for personal use. You should keep some in savings for the future but also have a little for personal use. For example if you have 300 dollars left over, you might want to use 200 for savings and the rest for personal use.