For Most People,the Only Way to Increase Net Worth Is

question 70

True/False

For most people,the only way to increase net worth is to spend less than their income; people must save and invest.

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Definitions:

Higher-Paying Job

Employment that offers increased financial remuneration compared to one's current or previous position.

Breaches

Instances of violating or not adhering to a law, contract, or set of rules.

Award Damages

The process of a court granting monetary compensation to a party for losses or injuries suffered.

Compensatory Damages

Compensatory damages are a monetary award given to a plaintiff to compensate for a loss, injury, or harm suffered as a result of another party's actions.