10
QuizMultiple Choice

Debt Management

Question 10 • [PERFIN] Personal Finance, Sem 2 (26-27)

Which of the following choices is not a step that can reduce your spending?

Answer
A
eating at home, rather than dining out
B
using budgeted cash only
C
forgoing premium cable TV channels
D
purchasing reduced fat lattes during the week

Explanation

Eating at home, sticking to budgeted cash, and dropping premium cable channels are all ways to spend less. Buying reduced-fat lattes does not necessarily reduce spending, since they still cost money and may not be cheaper than regular lattes. Therefore, the choice that is not a spending-reduction step is purchasing reduced-fat lattes during the week.

AI-written and checked against the verified answer.

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