Business College

It is better to ___ than to ___.

A. pay with a credit card; use cash

B. pay down a credit card; save the money

C. save the money, pay off a credit card

D. use cash; save the money

Answers

Answer 1

Answer:

It is better to pay down a cred card than to save the money.

Or B

Explanation: I just took the quiz.

Answer 2

It is better to "save the money, pay off a credit card" than to "use cash". The correct option is C.

Why is it important to save money early?

The first step toward financial independence is saving money. The sooner children and teenagers begin saving, the more probable it is that it will become a habit. Children and teenagers can benefit from compound interest by saving frequently and early. Finding ways to generate additional money might help kids and teenagers increase their savings.

This is because paying off a credit card debt can help reduce overall debt and save money in the long term by avoiding high-interest charges. On the other hand, using cash may provide a sense of security and control over spending, but it does not necessarily address existing debt or help build credit history.

Thus, the ideal selection is option C.

Learn more about saving money here:

https://brainly.com/question/25192498

#SPJ2

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