Question

You got $200 from your grandma for your birthday. What should you do first? Option A A Record it as income in your budget. Option B B Stick it under your bed for safekeeping. Option C C Deposit it all straight into your savings account. Option D D Spend it.

Answer 1

I would say C because it’s not a source of income, just a gift. One of your siblings could take it if you stick it under your bed. If you spend it to fast it’s just a loss.