PLAN AHEAD: How Would You Pay?
Say you really want an amazing new
something you'd really value).
1. Which option would you choose?
which costs [tex]$250. (Blank is inte
a. Just forget about it because you don't have the funds
b. Ask for it for your birthday, which is 7 months away
Save up money from your part-time job and buy it once you ha
d. Use a credit card or Buy Now/Pay Later and pay it off over time
e. Buy a cheaper, less desirable option with the $[/tex]100 you have no



Answer :

Final answer:

Consider your financial situation and prioritize saving over using credit, taking into account long-term implications.


Explanation:

When deciding how to pay for an item like the one described, it's essential to consider your financial situation and priorities.

Creating a budget and saving up from a part-time job could be a prudent choice to afford the item without incurring debt.

Avoiding the use of credit cards or Buy Now/Pay Later options unless necessary can help maintain financial stability and avoid unnecessary interest payments.


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