Alice wants to invest $1,000 for retirement this year. Her new employer will fully match her 401(k) contributions, up to $10,000 per year. All else being equal, which of the following options will give Alice the highest total amount at the end of the year?

Personal finance is a process which involves learning, practicing and applying a variety of financial skills. It ranges from budgeting, managing, paying off debt, understanding credit and various investment products. It is essential to develop your financial literacy skills. It helps in improving your personal finance management.