Question

Which is most likely the result of an increase in income.

A decline in savings and investments
B increased spending
C cashing out investments
D increased use of credit
PLS HELP MEEEEEEEEEEEE

Answer 1

Answer: B - Increased Spending

Step-by-step explanation:

Let’s take Professional Sports players for example, while playing can provide these professional athletes with tons of money nearly 80% of them go bankrupt within three years of retiring. This is of course due to poor financial management but also because most professional athletes come from a low-middle class family and when they make their millions tend to spend more then they have (living above their means) in order to acquire that which they didn’t have before adulthood.