Grant has avoided applying for credit cards or taking loans. He only uses cash or his debit card which withdraws money from his bank account. What is the most likely result of his choice?

Question

anonymous · Answer

He will not be able to buy a house or car.
He will not have any debt to worry about.****
He will not be able to buy expensive things.
He will not have any money for emergencies.


**** my answer

anonymous · Answer

@SolomonZelman @sylbot

solomonzelman · Answer

I would think that you have the correct answer... I don't take economics, idk, but I am pretty sure.

anonymous · Answer

Ok thanks

anonymous · Answer

it seems rather vague, but your answer is what I would also put. It is the only thing we would know with 100% certainty.

anonymous · Answer

I have a couple more do you mind? You guys have been a huge help!

anonymous · Answer

@sylbot @SolomonZelman