3. What is the one simple principle to stay out of debt? (LO 8-1) a. Pay off...

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3. What is the one simple principle to stay out of debt? (LO 8-1)

a. Pay off the highest interest card first, to save on the amount of interest you pay.

b. Pay off the lowest balance credit card first, to more quickly reduce the number of your credit cards with a balance.

c. Consolidate all your credit cards to one home equity loan with a lower interest rate.

d. Spend less than you make, and save or invest the rest.

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Personal Finance Building Your Future

ISBN: 9780077861728

2nd Edition

Authors: Robert Walker, Kristy Walker

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Question Posted: Jul 26, 2024 04:01 AM

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3. What is the one simple principle to stay out of debt? (LO 8-1) a. Pay off...

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Personal Finance Building Your Future

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