Question

Rough spot. It's what they do, and they encourage people to ask for help.

Let's say you're just starting out on your own as a young adult and you run into some
trouble. You need $200 because the price of gas and groceries has gone up and your
budget has run out for the month. Use the article above to find some possible
solutions, and then answer the questions.
1. Which of these options rely on working with some sort of financial institution,
and why might that be difficult?

Answer 1

Options that rely on working with a financial institution include taking out a loan, getting a credit card, or asking a family member for a loan. These options might be difficult because they require a credit score and/or a cosigner for the loan, and might have high interest rates.