Choose the best answer to the following question. Explain your reasoning with one or more complete sentences. Which of the following is necessary if you want to make monthly contributions to savings? Choose the correct answer below. A. You must be spending less than 20% of your income on food and clothing. Spending less on food and clothing will increase cash flow exponentially every month. B. You must not owe money on any loans. This means that you are not spending any money toward interest. If you are not paying interest, you have money to save. C. You must be spending less than 20% of your income on food and clothing. As long as you don't increase your spending in any other category, you should be able to find money to save. D. You must have a positive monthly cash flow. If you have a positive monthly cash flow, you can pay more towards your credit card balance. Once the balance is zero, you should start putting that extra money in the bank. E. You must have a positive monthly cash flow. If your cash flow is positive, you will have money left over at the end of each month, which you can use for savings. F. You must not owe money on any loans. If you do not owe any money on loans, you will have many Ieft overe at the end of each month, which you can use for savings.