it is recommended to start saving and investing as early as possible because it allow your money to 'work for you". What does this mean?

Answers

Answer 1

Answer:

This means that you build up money to invest it later. When you allow your money to work for you, that means that the money is building up "by itself" from your investments.

Explanation:

Your money "works for you" by growing without having to work a 9-5 job to grow your income. Your portfolio develops (increases) by investing the money you have smartly making it grow.

Answer 2

I think it means you can live comfortably with working so hard instead the savings and investments you did when you were young is making more money itself

Related Questions

After finishing high school, Cara joined the Peace Corps as a volunteer. She traveled to Africa and learned to construct simple buildings that would serve as schools and hospitals for small villages. Even though she was not paid for her work, how might Cara’s experience benefit her in the future?

A.
Cara could list the skills she learned volunteering on her resume.

B.
Cara could develop a side business selling American products to the villagers.

C.
Cara could present her time in the Peace Corps as college education.

D.
Cara could now qualify for a medical license.

Answers

The answer is between A or B but for me I say the answer is A

Answer: Maybe it's A

you could choose B but we don't know about her village situation and if the villagers can afford to buy the product so it's better to go for A

Nathan would like to become a doctor but needs help financing his education. Which option could allow Nathan to achieve his goal?

A.
enlist in the military to receive medical training

B.
volunteer in the local clinic to accrue community service hours

C.
expect friends and family to donate

D.
intern with a prominent physician

Answers

A enlist in the military. If you enlist in the US military they will cover the costs of your education

Answer:

Explanation: Enlist in the military to receive medical training.

Bryan is hoping to run his own organic beef farm. Because he will be managing the farm on his own, what course might be helpful for Bryan to take during high school?

A.
physics

B.
business

C.
band

D.
world history

Answers

B he wants to own his own business so he should study business

B business so he knows how to run his beef farm efficiently

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