contestada

Setting up automatic account transfers is the easiest way to build your savings for your emergency fund or large purchases.

a. True
b. False

Respuesta :

The statement, setting up automatic account transfers is the easiest way to build your savings for your emergency fund or large purchases, is true.

Automatic account transfers is the easiest process which lets your savings grow unattended. If you schedule the transfer around the time that your earnings arrive, the money for savings never really mixes with your spending funds.

Over time, you may also get used to living on that smaller amount too, making it easier to let your savings build. Thus, this saves your money for emergency fund or large purchases.

Hence, setting up automatic account transfers is the easiest way to build your savings for your emergency fund or large purchases.

To learn more about automatic account here:

https://brainly.com/question/9458941

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