Question

On this question too I want to know if my answer is correct

Thank u !!!

What does “Pay Yourself First” mean when it comes to saving?


Pay all of your bills first and if you have extra money, then consider putting it in a savings account


Each time you get paid, set aside money for savings before making any purchases


Keep all of your money in just one account so it’s easier to manage


Prioritize your wants and flexible spending over all other types of spending



I choose A ( Pay all of your bills first and if you have extra money, then consider putting it in a savings account)

Answer 1

The correct answer is letter "B": Each time you get paid, set aside money for savings before making any purchases.

Step-by-step explanation:

In everyday life, the phrase "pay yourself first" means "give yourself a reward for something good you are doing". When it comes to business, the same phrase implies individuals should put money into savings before they consider spending it on something else.