How would you apply the principle of “paying yourself first”? A) Ever

QUESTION

How would you apply the principle of “paying yourself first”?

A) Every time you get paid, put most of the money into a checking account that you can easily access.
B) Every time you get paid, use a set amount of money to buy a small luxury item you’ve been wanting.
C) Every time you get paid, transfer a set amount of money to a savings account or 401(k).
D) Every time you get paid, pay your most important bills first and save the rest of the money.

 

ANSWER

C

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