7
QuizMultiple Select

Making Spending Decisions

Question 7 • ***CPS Online Personal Finance fall – 3-2027

Before Robert buys a new car, which questions should he ask himself? Check all that apply.Is this something I need?Will my friends like this?Is advertising influencing me?Will this help others in my family?Will I impress my coworkers?Am I considering my future needs?

Answer
A
Is this something I need?
B
Will my friends like this?
C
Is advertising influencing me?
D
Will this help others in my family?
E
Will I impress my coworkers?
F
Am I considering my future needs?

Explanation

Before buying a major item like a car, Robert should consider whether he needs it, whether advertising is affecting his decision, how it may help his family, and whether it will meet future needs. Whether friends or coworkers will like it or be impressed focuses on other people’s approval rather than his needs and priorities.

AI-written and checked against the verified answer.

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