Question

Grant has avoided applying for credit cards or taking loans. He only uses his savings to pay for purchases. What is the most likely result of his choice? (3 points) He will not be able to buy a house or car. He will not have any debt to pay back. He will not be able to buy expensive things. He will not have any money for emergencies

Answer 1

Answer: He will not have any money for emergencies...

Explanation: so if he's using his savings to buy things, he would't have any money saved up for something important. lets say his wife died and he needs to pay for a funeral. without any savings he would't be able to afford it.

Answer 2

Answer:

He will not have any debt to pay back :)

Explanation:

i took the test. Good luck