Which Is Not a Way to Save Money

question 42

Multiple Choice

Which is not a way to save money?

• A)Pay yourself first
• B)Use credit cards and debit cards exclusively
• C)Automatically transfer money to savings and investments
• D)Sit down and create a budget each week or month and follow it

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Definitions:

Exchange Rate

The rate at which one currency can be exchanged for another, often fluctuating due to economic factors.

Canadian Dollars

The official currency of Canada, often symbolized as CAD or $, used in financial transactions within and outside of Canada.

Profit

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Ginger Ale

A fizzy beverage seasoned with ginger flavor.