The Most Important Rule for Establishing a Savings Plan Is

question 45

Multiple Choice

The most important rule for establishing a savings plan is to

• A) set realistic goals.
• B) take advantage of compounding.
• C) pay yourself first.
• D) keep it simple.
• E) try some gimmicks.

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Definitions:

BDI-II

Beck Depression Inventory-II, a widely used instrument for detecting depression.

Suicidal Ideation

The occurrence of thoughts or contemplations about self-harm or ending one's life.

DSM-IV

The fourth edition of the Diagnostic and Statistical Manual of Mental Disorders, a handbook used by healthcare professionals as a guide to diagnosing mental disorders.

Validity Scale

A validity scale assesses the accuracy and truthfulness of test responses to ensure the results are meaningful and reliable.