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Assume you have just started a new job, have a car loan, and have a student loan. You have just received a cash gift of $1,000 from a relative, which of the following is the best use of this money?
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Assume you have just started a new job, have a car loan, and have a student loan. You have just received a cash gift of $1,000 from a relative, which of the following is the best use of this money?

User Ootero
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Although no options were given, you could use the money to pay off some of the loan or put it in a savings account so that you can accumulate more money ofer a given period of time.
User Erol Yeniaras
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