Answered

At Westonci.ca, we connect you with the best answers from a community of experienced and knowledgeable individuals. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

Long-term savings strategies include:
A. opening up a low-interest savings account.
B. setting aside money for an emergency.
C. making a household budget each month.
D. investing money in a 401(k) plan.

Sagot :

chickenbuttboo

Answer: I think it’s D

because your 401(k) plan is basically a retirement plan and certain job you can’t retire till your like 50/60 depending on how long you’ve worked there

Explanation:

gauravsingh23VT

Investing money in a 401(k) plan is included in the Long-term savings strategies, as investing gives long term profit.

What are the ways of long term savings strategies?

Some of the ways from which a person gets long term saving are-

  • First, get ready for crises. Whatever the financial objectives, setting aside money for emergencies need to be your top concern.
  • Decide on a savings goal.
  • Give the names of your investments and savings.
  • Get the appropriate kind of investment/savings accounts.
  • Regularly review your long-term savings.

Thus, option D is correct.

For more details about long term savings strategies, click here:

https://brainly.com/question/15449442

#SPJ2

Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.