asked 65.0k views
4 votes
What is a mock savings schedule? I don't understand what it is, or what it looks like. Can someone help me? I need this for a question for Life Skills.

asked
User Yasel
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8.7k points

2 Answers

5 votes

Answer:

It's a schedule that depicts the relationship between savings and the level of income.

Step-by-step explanation:

answered
User Susu
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8.4k points
2 votes

Answer:

Mock budget requires funds set aside for investments at each point of your life.

Step-by-step explanation:

Working backwards is the easiest way to build a strategy that you can adhere to. Before you can build a retirement strategy, you must first decide how much money you need and where you intend to get it saved. All you need to do is some quick math to determine how much money you'll need to save per week. You'll split the cumulative amount you want to save by the number of weeks you have.

answered
User Ararar
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8.1k points

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