Reasons for saving and investing include
1)need for funds to meet emergencies
2)retirement income
3)desire to leave an estate for children
A) 1 and 2
B) 1 and 3
C) 2 and 3
D) all of these choices

Question

Quizplus · Accepted Answer

All of the choices (1, 2, and 3) are valid reasons for saving and investing. Saving and investing can provide a financial safety net for unexpected expenses and emergencies, help build wealth and provide an income in retirement, and enable individuals to leave a legacy for their children or loved ones.

Reasons for Saving and Investing Include