Which of the following techniques can help you manage your personal finances?
A)Monitor your expenses,and know where your money is going
B)Read the fine print on loan and credit card applications
C)Avoid check cashing services,payday loans,and income tax refund anticipation loans
D)Do not loan someone money unless you can afford to never get it back
E)All of the above

Question

Quizplus · Accepted Answer

All of the techniques listed can help you manage your personal finances effectively. Monitoring your expenses allows you to understand where your money is going and make adjustments accordingly. Reading the fine print on loan and credit card applications helps you avoid high interest rates and fees. Avoiding check cashing services, payday loans, and income tax refund anticipation loans can prevent you from getting caught up in high-cost borrowing and debt traps. And, only loaning money that you can afford to never get back can help safeguard your financial stability. Therefore, all of these techniques are important tools for managing personal finances.

Which of the Following Techniques Can Help You Manage Your