For most people, the most effective way to save is:

A,) Transfer money from a checking account into a saving account

B.) Use a budget to determine how much you can save, then transfer that amount into a savings account

C.) Use a budget to determine how much you can save, then automate the savings by direct depositing that amount from each paycheck

D.) Deposit extra money into a saving account

Question

Business

Finn Pierce

18 December, 10:54

For most people, the most effective way to save is:

A,) Transfer money from a checking account into a saving account

B.) Use a budget to determine how much you can save, then transfer that amount into a savings account

C.) Use a budget to determine how much you can save, then automate the savings by direct depositing that amount from each paycheck

D.) Deposit extra money into a saving account

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Answers (1)

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Caitlin Odonnell · Answer 1

For most people, the most effective way to save is to deposit extra money into a savings account. Using budgets is great, but not a lot of people can create and adhere to them.