Over the past year, your friend Maura has been saving up for an epic road trip to travel across the country this summer. Her goal is to squeeze in as many sights as she can with her available budget of $2000.

Give an example of a sound financial decision Maura might make to support this goal. Why is it sound? Then give an example of a poor financial decision Maura might make considering her goal. Why is it a poor decision?

Question

Mathematics

Carlee Deleon

27 March, 21:09

Over the past year, your friend Maura has been saving up for an epic road trip to travel across the country this summer. Her goal is to squeeze in as many sights as she can with her available budget of $2000.

Give an example of a sound financial decision Maura might make to support this goal. Why is it sound? Then give an example of a poor financial decision Maura might make considering her goal. Why is it a poor decision?

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Answers (1)

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Linda Lucas · Answer 1

Maura can save money by not going out to eat as much at expense places. Maura can also put a little but of her pay check in savings for the trip. A poor choice she could make is not making a savings account, and spending money on useless items.