when a person invests income, he or she\n\nspends no money in the short term and saves it all for the long…
when a person invests income, he or she\n\nspends no money in the short term and saves it all for the long term.\nuses money in a way that will increase its value in the future.\nspends income only on essential needs such as housing.\ncuts out all discretionary spending for a set period to save money.
Answer
Brief Explanations:
Investment is the act of allocating resources, usually money, with the expectation of generating an income or profit. Unlike simple saving or spending on immediate needs, investing specifically aims to put capital into assets (such as stocks, bonds, or real estate) that have the potential to grow in value or provide returns over time. This process involves a trade-off where current consumption is deferred in favor of future financial gain.
Answer:
uses money in a way that will increase its value in the future.