Succeeding in the World of Work

Section 1: Saving Money

Answers to Section Review

1. Someone just starting out may not be able to meet the minimum deposit requirements for a CD. Savings accounts and savings bonds are more flexible.
2. Social Security will probably be insufficient for your retirement needs. The sooner you start contributing to a personal retirement plan, the more interest your money will earn.
3. Possible responses may include difficulty managing funds, inability to maintain a sufficient income, or a lack of understanding of options.