Question

If you have difficulty meeting your known monthly expenses, a good think to do is _____. (Choose all that apply.)

a. choose not to pay them for one month and then catch up on them when your next paycheck arrives
b. charge them on a low interest credit card
C. reduce your known monthly expenses
d. make more money

Answer 1

To manage difficulty in meeting monthly expenses, it's best to reduce expenses, increase income, and use low-interest credit cards carefully.

Step-by-step explanation:

If you have difficulty meeting your known monthly expenses, a good thing to do is to reduce your known monthly expenses and make more money.

Charging expenses on a low interest credit card can also be an option, but it's important to pay off the credit card balance as quickly as possible to avoid accumulating debt. Choosing not to pay your expenses for a month and then catching up can lead to late fees and additional financial stress.