In the article "All About Credit Cards," how does Matt Schulz's advice about using credit cards demonstrate responsible financial habits?(1 point)

Responses

He encourages avoiding credit cards entirely to stay out of debt.
He encourages avoiding credit cards entirely to stay out of debt.

He suggests learning how credit cards work before getting one and paying off debt quickly if it occurs.
He suggests learning how credit cards work before getting one and paying off debt quickly if it occurs.

He recommends using credit cards for expensive purchases only.
He recommends using credit cards for expensive purchases only.

He advises borrowing as much as possible to build good credit quickly.
He advises borrowing as much as possible to build good credit quickly.

1 answer

The correct response is:

He suggests learning how credit cards work before getting one and paying off debt quickly if it occurs.

This advice demonstrates responsible financial habits by encouraging individuals to educate themselves about credit cards to make informed decisions and to prioritize paying off any debt quickly to avoid high interest and maintain a good credit score.