Answered

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A possible warning signal that you may be headed for financial problems with credit is that you:

A. Pay only the minimum required.
B. Only buy what you can afford.
C. Only buy sale items.
D. All of the above.

Please select the best answer from the choices provided.

Sagot :

GinnyAnswer

Final answer:

Paying only the minimum on credit cards can lead to financial trouble. It's important to spend within your means and prioritize saving.


Explanation:

A possible warning signal that you may be headed for financial problems with credit is that you

  • a. pay only the minimum required.
  • b. only buy what you can afford.
  • c. you only buy sale items.
  • d. all of the above.

Paying only the minimum required on credit cards can lead to accumulating high interest charges and long-term debt, signaling potential financial trouble. It's crucial to avoid carrying a balance from month to month and to only spend within your means to prevent financial difficulties. Remember to keep track of your credit utilization, pay bills on time, and prioritize saving for emergencies to maintain financial health.


Learn more about Credit card usage here:

https://brainly.com/question/44360026


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