Question

Read the paragraph. A little bit of planning can reap financial rewards. Consider Franco, who chooses to stash his allowance in a piggy bank until a need arises. Weeks later, Franco has money to spend on a meaningful item, unlike a hasty individual who splurges on candy. And study Lorena, the employee who refuses to spend a cent of her raise, opting to put the extra money in a high-interest account. Lorena resists the urge to spend extravagantly, and she is prepared when she is ready to buy a car or home. And of course, there is always the savvy investor who sees the potential in a new company and purchases inexpensive stock. When the company grows, so does the investor’s money. Which activities support the central idea about financial planning? Select 3 options. Saving money in a piggy bank making impulsive candy purchases investing extra money to earn interest spending lavishly as a personal reward purchasing stock in a growing company.

Answer 1

The activities that support the central idea include:

• Saving money in a piggy bank.
• Investing extra money to earn interest.
• Purchasing stock in a growing company.

Financial planning simply means the use of money wisely. It should be noted that this entails that one shouldn't waste money but rather invest it.

Therefore, saving money in a piggy bank, investing extra money to earn interest, and purchasing stock in a growing company are ways to plan one's money.

Learn more about central ideas on:

https://brainly.com/question/21400963

Answer 2

Answer:

1, 3, & 5 :)

Explanation:

saving money in piggy bank, investing extra money to earn interest , purchasing stock in a growing company