you are thinking of going out to dinner at a restaurant with your friends. the meal is expected to cost you $50, you typically leave a 20% tip, and a round-trip uber ride will cost you $20. you value the restaurant meal at $20, and the time spent with your friends at $30. if you did not go out to the restaurant, you would eat at home using groceries that cost you $10. you should to dinner with your friends because the benefit of doing so is than the cost.

Respuesta :

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Saving money is vital since it gives you protection in case of an unexpected financial situation. Saving money may provide you a better sense of financial independence, enable you to make significant purchases without going into debt, lessen your financial stress, leave a financial legacy, and minimize your financial stress. The reason why saving money is so important is because it gives you more freedom and security in your life. If you have money saved up for emergencies, you will always have something to fall back on. Additionally, you might be able to take chances or try new things if you have money put up for discretionary spending.

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