What is an important benefit of the practice of paying yourself first?

QUESTION

What is an important benefit of the practice of paying yourself first?

A) The practice enables you to treat yourself to lavish purchases.
B) You keep all your money in a liquid form that you can easily access as needed.
C) You can pay off your largest bills in a more timely manner.
D) The money you save will create personal cash inflow by earning interest.

 

ANSWER

D

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