Question

Booker is thinking of buying a new virtual reality console after seeing it in a store window for $900. He has $0 in his savings. He decides to put the purchase on his credit card that is already at its limit and invites his friends over to play immediately. Which of the following sentences best describes Booker's financial decision?
A. He is a financially responsible person because he is keeping track of his spending.
B. He is a financially responsible person because he is paying his bills on time.
C. He is a financially irresponsible person because he is living beyond his means
D. He is a financially irresponsible person because he is not investing in himself

Answer 1

C. He is a financially irresponsible person because he is living beyond his means.