Question

Describe an example of a common financial resource, an expense, and a debt. These can be examples from your own life or from other people you know or can imagine. (3-6 sentences.)

Answer 1

One common financial resource is our friends and family it starts off as a few dollars and then we are asking them to spot us $200 for our electricity bill. This puts people in a bad position because they want to help us but they also want us to help ourselves. In the real world there will always be expenses the need for food doesn't stop when our money runs out. If you have kids this is especially dangerous because kids need the food more then us for there growing bodies.

hOPE THIS HELPS yOU :D