Question

1. what action corresponds to the advice \pay yourself first?\ *

1 point
wait until the end of the month to determine how much you have leftover to save
set aside a fraction of your paycheck into a savings account before you start spending
spend your regular paycheck on needs and wants but funnel any extra money into saving
become self-employed so youre paying yourself instead of being paid by an employer

Explanation:

The advice "Pay yourself first" in personal finance means prioritizing saving by allocating a portion of income to savings before using money for other expenses. The first option delays saving, the third uses extra money (not prioritizing saving), the fourth misinterprets "pay yourself" as self - employment. Only the second option, setting aside a fraction of the paycheck to savings before spending, matches the advice.

Answer:

B. Set aside a fraction of your paycheck into a savings account before you start spending