Fluctuations in income cause most people to:

Question

Quizplus · Accepted Answer

Fluctuations in income can lead to uncertainty and instability in a person's financial situation. In order to buffer against this and maintain some level of financial security, it is important to save money when times are good so that there is a financial cushion when times are lean. Investing can also be a good idea, but it may not be feasible or desirable for everyone. Spending all income each year is risky and can lead to problems if unexpected expenses arise or if income decreases in the future. Retiring at an early age is not realistic for most people and requires careful planning and saving over a long period of time.

Fluctuations in Income Cause Most People To