Question

Which of the following is an example of paying yourself first?

Choose 1 answer:
Choose 1 answer:
(Choice A) Spending all your money on clothes, or movies and saving the change.
A
Spending all your money on clothes, or movies and saving the change.
(Choice B) Lending money to your friends or siblings and charging them interest.
B
Lending money to your friends or siblings and charging them interest.
(Choice C) Putting
\[\$25\] of your earnings into a savings account every time you get paid.
C
Putting
\[\$25\] of your earnings into a savings account every time you get paid.

Answer 1

[AI-generated answer — Bot GPT 3.5]

The correct answer is (Choice C) Putting $25 of your earnings into a savings account every time you get paid. This is an example of paying yourself first because you are prioritizing saving a portion of your income before spending it on other expenses.