Read the scenario. Mia inherited $15,000 from her grandmother. She needs money for college, a car, and wants to start an online business. Mia wants to honor her grandmother's memory by using this inheritance wisely. What would be a financially responsible step for Mia to do with her $15,000 inheritance?
Answer
A
Use the money to fully fund her online business idea, not worrying about college.
B
Spend on a used car for immediate satisfaction, saving the rest for college.
C
Write a will because it will allow her to specify asset distribution upon her passing.
D
Open a savings account for college to ensure her education is funded.