What is a primary benefit of saving money?

Increased debt Limited life choices Financial freedom Reduced job security

Why is building an emergency fund important?

To ensure a constant income To cover unexpected expenses To guarantee a ticket to an IPL match To eliminate the need for insurance

How can saving money benefit your retirement?

It guarantees a high-paying job It eliminates the need for retirement planning It provides peace of mind and financial security It ensures you can afford expensive vacations

What is a recommended strategy for saving money?

Spending more on entertainment Ignoring monthly expenses Setting financial goals Avoiding savings accounts

How can investing contribute to financial well-being?

It guarantees high returns without risk It replaces the need for saving money It can help grow wealth and build an emergency fund It primarily benefits short-term financial needs