When deciding on a savings plan, financial planners often recommend paying

Question

Quizplus · Accepted Answer

A common recommendation of financial planners is to "pay yourself first."
What this means is that you begin the month by setting aside an amount of money for your savings and investments, as compared to waiting until the end of the month and seeing what's left over to save or invest. The budget is extremely important for deciding on a reasonable dollar amount to apply to this component of your financial plan.

When Deciding on a Savings Plan, Financial Planners Often Recommend