Which is the best way to achieve long-term financial goals? A. Spend less on mandatory expenses. B. Eliminate short-term financial goals. C. Increase discretionary expenditures. D. Save more money from net income.

Question

Social Studies

Mathew Hester

22 February, 06:40

Which is the best way to achieve long-term financial goals? A. Spend less on mandatory expenses. B. Eliminate short-term financial goals. C. Increase discretionary expenditures. D. Save more money from net income.

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Answers (2)

Know the Answer?

Dominique Estes · Answer 1

D. Save money from net income

Explanation:

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Kamden Dawson · Answer 2

The correct answer is D: Save more money from net income. It is important to set financial goals. To do that you should have a working budget. A budget allows you to control your money and doing that you do not spend more money than you earn giving you the opportunity of saving money from your income. Although a budget may seem basic when you think about creating a financial plan, it could be the key to real financial success.