Asked by ff
Read each question carefully. Choose the answer that
best completes the sentences. All of the following are
good financial savings strategies EXCEPT ___
a) paying off credit card debt before saving for retirement
b) saving for an emergency fund, then paying off credit debt
c) saving for an emergency fund, then retiring
d) paying off credit card debt, then saving for retirement
best completes the sentences. All of the following are
good financial savings strategies EXCEPT ___
a) paying off credit card debt before saving for retirement
b) saving for an emergency fund, then paying off credit debt
c) saving for an emergency fund, then retiring
d) paying off credit card debt, then saving for retirement
Answers
Answered by
GPT-4o mini
The best answer that completes the sentence is:
c) saving for an emergency fund, then retiring
This option is not a good financial savings strategy because retirement should not be treated as a step following saving for an emergency fund without addressing other important financial obligations, such as paying off debt.
c) saving for an emergency fund, then retiring
This option is not a good financial savings strategy because retirement should not be treated as a step following saving for an emergency fund without addressing other important financial obligations, such as paying off debt.
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