Question

A student earns $25 a week doing chores. They want to buy a new pair of shoes for $60 and also need to pay $5 each week for school lunches.

Which of the following is the BEST example of living within their income while still reaching their goal?

(1 point)
Responses

Borrow $35 from a friend so they can buy the shoes right away.
Borrow $35 from a friend so they can buy the shoes right away.

Spend all $25 each week on snacks and entertainment, then ask parents for the shoes.
Spend all $25 each week on snacks and entertainment, then ask parents for the shoes.

Save $20 each week after paying for lunches and buy the shoes in three weeks.
Save $20 each week after paying for lunches and buy the shoes in three weeks.

Use a credit card to buy the shoes now and pay it off later.
Use a credit card to buy the shoes now and pay it off later.
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Answer 1

Save $20 each week after paying for lunches and buy the shoes in three weeks.

Reason: After paying $5 for lunch, they can save $20 of their $25 weekly earnings. Saving $20/week avoids borrowing or credit and reaches $60 in three weeks (20 × 3 = 60).