José has a monthly budget of $80 to put toward his hobby of building model

trains. He can afford to pay cash for his purchases, but he uses his credit

card to buy items at the hobby store for amounts that do not exceed his

budget

Assuming José pays his balance in full every month, is he using his credit

card wisely?

OA No, he should always pay cash if he can.

OB Yes, he has already budgeted for this expense,

OC. No; he should only use credit cards for important purchases.

OD Yes, he can use his cash to pay for something else he wants

Question

Physics

Emmalee Marquez

5 March, 13:17

José has a monthly budget of $80 to put toward his hobby of building model

trains. He can afford to pay cash for his purchases, but he uses his credit

card to buy items at the hobby store for amounts that do not exceed his

budget

Assuming José pays his balance in full every month, is he using his credit

card wisely?

OA No, he should always pay cash if he can.

OB Yes, he has already budgeted for this expense,

OC. No; he should only use credit cards for important purchases.

OD Yes, he can use his cash to pay for something else he wants

+2

Answers (1)

Know the Answer?

Leslie Burgess · Answer 1

He should only uses credit cards for important purchases.

Explanation:

If José has a monthly budget for something in particular, he should use it to pay cash. The credit card should be used for important purchases.