What are the advantages of having part of your paycheck, Finance Basics

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What are the advantages of having part of your paycheck

Question: 1. What are the advantages of having part of your paycheck automatically deposited in a savings or investment account?

2. Why is it important to be motivated to save and invest for specific things that you want either now or in the future?

3. In your own words, describe the time value of money concept and how it could affect your investment program.

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Finance Basics: What are the advantages of having part of your paycheck

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Finance Basics: What are the advantages of having part of your paycheck

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