23
QuizMultiple Choice

N/A — Exam

Question 23 • Financial Math

Deandre receives a $⁢500 bonus at work. How should he adjust his budget to make the most of this unexpected income?

Answer
A
use the bonus to pay down credit card debt or add to savings
B
increase entertainment expenses by 500 dollars
C
spend all the bonus on dining out
D
ignore the bonus and continue with the current budget

Explanation

An unexpected bonus is a chance to strengthen Deandre’s finances rather than increase optional spending. Using the $500 to pay down credit card debt can reduce interest costs, while adding it to savings can help cover future needs. That makes paying down debt or adding to savings the best choice.

AI-written and checked against the verified answer.

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