Saving and Investing - Marvel Education

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Practice Reading: Fill in the Blanks (Dropdown) ID: #49493 Saving and Investing

Instructions ›

* Select the correct answer into all dropdown fields. You need to answer all questions before clicking verify button.

Let’s be honest: saving and investing may be necessary, but they often can feel like a . Both become a lot more rewarding, however, when you think of them as more than just spreading your money across different investment categories, such as stocks and bonds, to a seemingly far-off, no-guarantees future. Benz encourages everyone to focus on what she calls your “time on earth” allocation. That is, think about what is important to you and what you really want to spend more of your time doing -- not just in retirement but today and in the foreseeable future. Setting up your finances to support that goal can saving and investing from fulfilling an obligation to creating a financial freedom fund for yourself. Here are three key ways to get started: Figure out how you are your income between spending and investing. “How are you deploying your income stream? Are you making smart decisions to deploy that capital across your financial opportunities?” Benz said.

Result:

A.I. Explanation:

Correct answer: chore
Explanation: The word 'chore' fits grammatically as a noun that describes a task that is often tedious or burdensome, aligning with the context of saving and investing feeling necessary but unappealing. It conveys the sentiment that these activities can be seen as unpleasant duties, which is consistent with the overall tone of the sentence.
Meaning: 'Chore' refers to a routine task or job that is often tedious or unpleasant, highlighting the perception that saving and investing can feel like a burdensome obligation.
Wrong options:
nuance: 'Nuance' refers to a subtle difference or distinction, which does not fit the context of describing saving and investing as a burdensome task.
choice: 'Choice' implies an option or decision, which does not convey the sense of obligation or unpleasantness associated with saving and investing in this context.
recidivist: 'Recidivist' refers to a person who relapses into a previous condition or behavior, which is unrelated to the context of saving and investing.
Correct answer: fund
Explanation: The word 'fund' is the correct choice as it is a verb that means to provide money for a particular purpose, which fits perfectly in the context of spreading money across investment categories to support a future goal. It aligns with the grammatical structure and the intended meaning of the sentence.
Meaning: 'Fund' means to provide financial resources for a specific purpose, indicating that the investments are aimed at securing a future.
Wrong options:
fulminate: 'Fulminate' means to express vehement protest, which does not fit the context of financial planning or investment.
categorize: 'Categorize' means to classify or arrange into categories, which does not convey the action of providing financial support for a future goal.
fend: 'Fend' means to defend or protect oneself, which is not relevant in the context of financial planning.
Correct answer: transform
Explanation: The word 'transform' is appropriate as it is a verb that means to change in form, appearance, or structure, which fits the context of changing the perception of saving and investing from an obligation to a means of achieving financial freedom. It aligns with the grammatical structure and the overall message of the sentence.
Meaning: 'Transform' means to make a thorough or dramatic change, indicating that the approach to saving and investing can shift from being a duty to a pathway for financial freedom.
Wrong options:
transcend: 'Transcend' means to go beyond the limits of something, which does not fit the context of changing the nature of saving and investing.
transact: 'Transact' means to carry out a business deal or action, which does not convey the idea of changing the nature of saving and investing.
transport: 'Transport' means to carry something from one place to another, which is unrelated to the context of changing perceptions about finances.
Correct answer: allocating
Explanation: The word 'allocating' is the correct choice as it is a verb that means to distribute resources or duties for a specific purpose, which fits the context of managing income between spending and investing. It aligns with the grammatical structure and the intended meaning of the sentence.
Meaning: 'Allocating' means to set apart for a specific purpose, indicating how one divides their income between different financial activities.
Wrong options:
affording: 'Affording' means to have enough money to pay for something, which does not fit the context of managing or distributing income.
spiking: 'Spiking' refers to a sudden increase, which is not relevant in the context of income management.
delegating: 'Delegating' means to assign responsibility to others, which does not fit the context of personal income management.

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