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Exam (elaborations)

Chapter 3 Saving Money Exam Comprehensive Review Paper With Solved Questions

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CHAPTER 3 SAVING MONEY EXAM COMPREHENSIVE REVIEW PAPER WITH SOLVED QUESTIONS

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CHAPTER 3 SAVING MONEY EXAM COMPREHENSIVE REVIEW
PAPER WITH SOLVED QUESTIONS

◉ Outpacing inflation
Answer: In order to outpace inflation when investing, your investments need to have a ----higher rate--
-- of return than the rate of inflation.


◉ Saving Makes Life Easier
Answer: While saving money isn't easy at first, it will make your life a lot easier in the future if you
make it a habit now.


◉ Millionaire
Answer: a person whose material wealth is valued at more than a million dollars does not have to
make six figures.

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