Jonah has a high-paying job and would like to start saving for retirement. He has evaluated his budget in order to add savings to his expenses. He has a moderate amount of debt, and he spends a great deal on housing. His utilities, transportation, and health, expenses are fixed, and he spends little on recreation or eating out. Which action is he most likely to take?

Consider less costly housing options

Pay off his debt

Reduce his recreation expenses

Search for a job with a higher salary

Question

Social Studies

Margaret Rios

27 December, 01:04

Jonah has a high-paying job and would like to start saving for retirement. He has evaluated his budget in order to add savings to his expenses. He has a moderate amount of debt, and he spends a great deal on housing. His utilities, transportation, and health, expenses are fixed, and he spends little on recreation or eating out. Which action is he most likely to take?

Consider less costly housing options

Pay off his debt

Reduce his recreation expenses

Search for a job with a higher salary

+2

Answers (1)

Know the Answer?

Kaylin Fitzpatrick · Answer 1

If I get it right, there should be an options to choose. But I've seen the same question before and I know the answer. Jonah should consider less costly housing options. As he has a high paying job it's not a problem.