By using credit wisely, you minimize the drain on:

Question

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By using credit wisely, you minimize the drain on your liquid assets, which include cash or any assets that can quickly be converted into cash without significant loss in value. Using credit wisely means not relying solely on credit to make purchases, but instead using it strategically and being able to pay off balances in a timely manner. This can prevent putting a strain on your liquid assets and potentially harming your financial stability.

By Using Credit Wisely, You Minimize the Drain On