Question

Which person is not living within their means?
A. Joyelle set aside money for emergency funds by limiting her thing
entertainment costs for a few months.
B. Bill earns a high salary, so he contributes the maximum allowed to
his IRA each year.
C. Ella maxed out all three of her credit cards but pays the minimum
balance each month.
O D. Dmitri earns $1000 a month and spends $800 on rent, groceries,
and other expenses.

Answer 1

The person that is not living within their means is Ella who has maxed out all three of her credit cards but pays the minimum balance each month.

What does it mean when a person is living above their means?

If a person is living above their means, the person is spending more money than they have. A person living above their means would most likely borrow in order to afford their lifestyle. A person living above their means would have no amount of savings.

To learn more about credit cards, please check: https://brainly.com/question/14716152