Question

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.

Answer 1

Am I right with D?

Answer 2

@ihelpuuhelpme

Answer 3

buy something later

Answer 4

i guess

Answer 5

Yes, you are correct.

We can eliminate B because buying on credit won't damage your credit rating/credit score, your credit score could depend on how fast you paid a loan you took out back.

It wouldn't be C because let's be real -.- financial literacy often doesn't hurt or damage the economy.

We can also eliminate answer choice A because "protection" would either refer to the pin number or just the number on your credit card.

Which leaves you with your answer, D.

Answer 6

can i have a star

Answer 7

Thank you

Answer 8

You're Welcome xd