Question

earning and spending unit test
once you start saving money, what can be your next step toward financial stability? (1 point)
○ using it to pay for a vacation
○ loaning it to friends
○ investing it in a wise manner
○ using it to pay for a new house

Explanation:

To achieve financial stability, after saving money, investing it wisely (e.g., in assets that grow or generate income) helps build wealth over time. Using savings for a vacation or loaning to friends is not a step toward stability, and paying for a new house might be a long - term goal but not the immediate next step after starting to save. Investing wisely is a proactive step to grow savings.

Answer:

C. investing it in a wise manner