Question

question 4 of 6
what does \pay yourself first\ mean?
select a response.
pay down debt before doing any spending
put money in your savings account before you pay other expenses
split your money according to how much you want to spend on each bill or expense
spend your money on your wants before you spend on your needs

Explanation:

The concept "pay yourself first" in personal - finance means setting aside money for savings before paying other bills and expenses. This helps in building wealth over time.

Answer:

Put money in your savings account before you pay other expenses