When can setting a savings goal help you? Select a response. A. When there is nothing you want or need. B. When you need to save money long-term. C. When you want to buy something expensive. D. Both B and C

Question

When can setting a savings goal help you? Select a response. A. When there is nothing you want or need. B. When you need to save money long-term. C. When you want to buy something expensive. D. Both B and C

Answer 1

Setting a savings goal can benefit if you need to save money long-term, such as for retirement, or you want to buy something expensive like a car or a house. It allows you to track your progress, make adjustments if necessary, and gives a clear viewpoint of what to expect when you reach your goal. Answer A is incorrect because even if there's nothing you want or need at the moment, saving money can still be beneficial for unexpected future expenses or emergencies.

Question

When can setting a savings goal help you? Select a response. A. When there is nothing you want or need. B. When you need to save money long-term. C. When you want to buy something expensive. D. Both B and C

Answer

Answer

Explanation