Question

1. what does the term \paying yourself first\ mean? a. spending all your money on entertainment first b. paying for necessities before anything else c. setting aside money for savings and investments before spending on other things d. paying off all debts before anything else

Explanation:

"Paying yourself first" is a financial - management concept. It emphasizes allocating funds to savings and investments before making other expenditures to build wealth over time.

Answer:

C. Setting aside money for savings and investments before spending on other things