Which of the Following Is Usually Considered a Long-Term Financial

question 22

Multiple Choice

Which of the following is usually considered a long-term financial strategy?

• A) Creating a budget
• B) Using savings to pay off a loan early
• C) Renting an apartment to save for the purchase of a home
• D) Investing in a growth mutual fund to accumulate retirement funds
• E) Purchasing auto insurance to cover the needs of dependents

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Definitions:

Medical Services

A wide range of services provided by healthcare professionals aimed at diagnosing, treating, and preventing diseases and maintaining patient health.

TRICARE for Life

A healthcare program providing expanded health coverage for U.S. military retirees and their eligible beneficiaries.

TRICARE

TRICARE is a health care program of the United States Department of Defense Military Health System providing health benefits to military personnel, retirees, and their dependents.