Common reasonsfor saving money include:
A)To set aside money for irregular and unexpected expenses
B)To pay for the replacement of expensive items, such as appliances or an automobile, or to have money for a down payment on a house
C)To buy specialitems, such as home video or recreational equipment, or to pay for a vacation
D)To providefor long-term expenses, such as the education of children or retirement.
E)All of the above

Question

Quizplus · Accepted Answer

Saving money can help prepare for unexpected expenses, purchase big-ticket items, indulge in special purchases or experiences, and plan for long-term expenses like retirement or education. Therefore, all the given reasons are important and valid for saving money.

Common Reasonsfor Saving Money Include