question 5 of 9 yasmin got her paycheck and immediately put 10% of it into savings, as she does each pay…

question 5 of 9 yasmin got her paycheck and immediately put 10% of it into savings, as she does each pay period. what money management strategy is she following? pay yourself first investing in stocks the 50 - 30 - 20 method the categories method

question 5 of 9 yasmin got her paycheck and immediately put 10% of it into savings, as she does each pay period. what money management strategy is she following? pay yourself first investing in stocks the 50 - 30 - 20 method the categories method

Answer

Brief Explanations:

The "pay yourself first" strategy involves setting aside a portion of income for savings before using the rest for expenses. Yasmin putting 10% of her paycheck into savings right away fits this strategy. Investing in stocks is about buying shares of companies. The 50 - 30 - 20 method divides income into needs (50%), wants (30%), and savings/debt - repayment (20%). The Categories Method involves dividing money into different spending categories.

Answer:

A. Pay yourself first