Question
What is the best way to afford a $3,000 vacation if you do not have the extra cash available or accessible?(1 point)
Responses
borrow it from your emergency fund
borrow it from your emergency fund
use your monthly budget money
use your monthly budget money
use credit cards and incur short-term debt
use credit cards and incur short-term debt
increase savings each month and put it in a specific account
Responses
borrow it from your emergency fund
borrow it from your emergency fund
use your monthly budget money
use your monthly budget money
use credit cards and incur short-term debt
use credit cards and incur short-term debt
increase savings each month and put it in a specific account
Answers
GPT-4o mini
The best way to afford a $3,000 vacation if you do not have the extra cash available or accessible is to **increase savings each month and put it in a specific account**. This approach allows you to plan and budget for the vacation without incurring debt or depleting your emergency funds. It promotes responsible financial habits and ensures that you can enjoy your vacation without financial stress.