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Question
what do you know? question 4 of 5 what does \pay yourself first\ mean? select a response. submit your 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
"Pay yourself first" is a personal - finance concept. It means setting aside money for savings before paying other bills or making other expenses. This helps in building wealth over time as it makes saving a priority.
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Put money in your savings account before you pay other expenses