181
QuizMultiple Choice

Home Ownership — Cumulative exam

Question 181 • Financial Math - MA2007

Which of the following should not be used as a guideline for making a purchase?

Answer
A
You budgeted for it.
B
You can afford it.
C
You need it.
D
You want it.

Explanation

A sound purchase decision considers whether you budgeted for the item, can afford it, and need it. Wanting something by itself does not show that buying it is a wise choice, so “You want it” should not be used as a guideline.

AI-written and checked against the verified answer.

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