Why might it be better to save up some money and buy something later than to buy it on credit now?You may get protection for cash purchases that are lost, damaged, or stolen.
Buying anything on credit will damage your credit rating.
Paying for things on credit will hurt the economy, by taking money out of circulation.
Paying off credit debt can extend many years, long after the item purchased was useful.

Answers

Answer 1
Answer:

Depending on how beneficial the item is and how long the credit period can be extended, it can be better to save up and purchase something later rather than now. Therefore, option D is correct.

Why it would be preferable to save some money in the future rather than making a credit purchase now?

There are several reasons why it might be better to save up some money and buy something later rather than buying it on credit now:

Interest: When you buy something on credit, you are essentially borrowing money and will have to pay interest on that loan. This means that you will end up paying more for the item than if you had saved up and paid for it in cash.

Debt: Taking on debt can be a burden, especially if you are already struggling to make ends meet. By saving up and buying something later, you can avoid adding to your debt load.

Credit score: Your credit score is affected by your credit utilization ratio, which is the amount of credit you are using compared to the amount of credit available to you. If you use a lot of credit, it can lower your credit score, making it more difficult and expensive to borrow money in the future.

Flexibility: By saving up and buying something later, you have the flexibility to change your mind or adjust your priorities if something unexpected comes up. If you have already bought something on credit, you may be locked into paying for it even if your circumstances change.

Overall, while buying something on credit can be tempting, it's often better to save up and pay for it in cash later. This can help you avoid debt, save money on interest, and maintain your financial flexibility.

Learn more about credit score here:

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Answer 2
Answer:

Answer:

you wont have to pay it off


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Answer:

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Explanation:

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Answers

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Answers

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Answers

False.
because the usa always pays, even for public schools.
hope that this would help you! =)
False???
Hope that helps

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Answers

1. Machiavelli's political treatise, The Prince, featured a new and different approach to political leadership at the time of its publication. Previous works on political leadership placed a strong stress on ethics and morality. For Machiavelli. ethics and morality, though present, do not and should not constrain the actions of a political leader: only the thought of the ultimate common good. If achieving the ultimate common implies telling lies, intimidating, bribing or even murdering others, morality should not get in the way. In this sense, Machiavelli was the first political author to propose a pragmatic view on politics deprived from any sentimentalism.

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