4
QuizMultiple Choice

Budgeting

Question 4 • AA - F26 Personal Finance and Economics

Mindy wants to save money to buy a new couch.Which would be the best strategy for her to accomplish her goal?

Answer
A
adopt a dog from a shelter
B
stop paying her credit card bill
C
decrease the budget for basic food needs
D
forgo watching movies online or in the theater

Explanation

Mindy can save money by cutting back on a nonessential expense. Forgoing movies online or in the theater leaves more money available for the couch, while food is a basic need and stopping credit card payments can lead to fees and debt. Adopting a dog would add expenses rather than help her save.

AI-written and checked against the verified answer.

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