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Saving money for less than 2 months is
credit
opportunity cost
currency, checks and debit cards
saving and investing
a short term goal
a person with a bad credit history and a lot of debt
spend in the present
long term goal
Saving money means giving up the opportunity cost to
credit
opportunity cost
currency, checks and debit cards
saving and investing
a short term goal
a person with a bad credit history and a lot of debt
spend in the present
long term goal
The term for the second best choice or alternative a person gives up to get something else?
credit
opportunity cost
currency, checks and debit cards
saving and investing
a short term goal
a person with a bad credit history and a lot of debt
spend in the present
long term goal
Who is most likely to have high finance charges?
credit
opportunity cost
currency, checks and debit cards
saving and investing
a short term goal
a person with a bad credit history and a lot of debt
spend in the present
long term goal
Sam started a college fund for his son when he was born. Each month he transfers $100 from his checking account to the fund. By doing this, he is both _________ and ___________.
credit
opportunity cost
currency, checks and debit cards
saving and investing
a short term goal
a person with a bad credit history and a lot of debt
spend in the present
long term goal
Susan is in 5th grade. Her dream is to one day be a doctor. This is a _____________
credit
opportunity cost
currency, checks and debit cards
saving and investing
a short term goal
a person with a bad credit history and a lot of debt
spend in the present
long term goal
A store is offering 10% off for customers who use their store card. This is an example of making purchases using
credit
opportunity cost
currency, checks and debit cards
saving and investing
a short term goal
a person with a bad credit history and a lot of debt
spend in the present
long term goal
All of these are forms of cash
credit
opportunity cost
currency, checks and debit cards
saving and investing
a short term goal
a person with a bad credit history and a lot of debt
spend in the present
long term goal
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