"Saving"-Training in Finances-3th Term-1

What is the primary purpose of saving according to the passage?

• To secure the future

• To enjoy the present

• To increase current income

• To avoid paying taxes

What does the 50/30/20 savings rule suggest?

• 50% for needs, 30% for wants, 20% for savings

• 50% for savings, 30% for needs, 20% for wants

• 50% for wants, 30% for needs, 20% for savings

• 50% for needs, 30% for savings, 20% for wants

What is essential for good financial health according to the passage?

• Being aware of the importance of saving

• Spending all income

• Avoiding financial advisors

• Investing in stocks

What is the role of a financial advisor as mentioned in the passage?

• To help with financial planning

• To increase current income

• To spend money wisely

• To avoid taxes

What does saving involve according to Pablo García Estévez?

• Sacrificing current consumption for future consumption

• Spending all income

• Avoiding financial planning

• Investing in stocks

What tools are mentioned as useful for controlling expenses?

• Savings accounts and apps

• Credit cards

• Loans

• Tax software

Why is it difficult for our brain to prioritize the "future self" over the "present self"?

• Because the present seems more important and urgent

• Because the brain does not know how to save

• Because there is not enough information about saving

• Because the present is always more attractive