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

Explanation:

The concept "pay yourself first" in personal finance means prioritizing saving by putting money into savings (like a savings account) before paying other expenses. The first option is about debt repayment, the third is about budgeting allocation, and the fourth is incorrect (needs should come before wants). So the correct option is the one about saving before other expenses.

Answer:

B. Put money in your savings account before you pay other expenses