Question

Read the following actions and decide if they are responsible (R) or irresponsible(IR).

1. checking my credit score:


2. paying a credit card bill one day late:


3. listing expenses in a budget:


4.making decisions without all of the information:


5.purchasing something because it is on sale:


6.writing some goals:


7.researching what a mutual fund is:


8.making financial decisions without discussing it with your spouse:


9.finding a savings account with a great interest rate:


10. looking for the cheapest price for an item:

HELP ME PLEASE!!!!!!

Answer 1

1. R

2. IR

3. R

4. IR

5. IR

6. R

7. R

8. IR

9. R

10. R

Explanation:

Note on #5: purchasing something on sale that you were already going to buy would be responsible, but not simply BECAUSE the item is on sale and you were not already needing to purchase it.