One Technique for Establishing a Sizable Savings Balance Is To

question 83

Multiple Choice

One technique for establishing a sizable savings balance is to:

• A) follow the "pay yourself last" approach.
• B) have a predetermined amount from each paycheck automatically deposited into your savings account.
• C) invest in one specific financial security rather than investing in a diversified financial portfolio.
• D) use traditional banks instead of online savings banks because they typically pay higher rates of interest.