According to consumer affairs experts,the nation's number one family financial problem is:
A)poor money management.
B)overindebtedness.
C)medical costs.
D)insurance costs.
E)unemployment.

Question

Quizplus · Accepted Answer

According to various surveys and studies conducted by consumer affairs experts, overindebtedness is the nation's number one family financial problem. This is because of the widespread use of credit cards and loans, leading to individuals and families accumulating significant debt. Additionally, the high-interest rates on these debts and financial emergencies can lead to difficulty in paying these debts on time, causing the problem to snowball.

According to Consumer Affairs Experts,the Nation's Number One Family Financial