2
AssignmentMultiple Choice

Unit Test

Question 2 • 2026 VA Economics and Personal Finance - IC

Which is not a good financial decision?

Answer
A
building a savings account and taking out fewer and smaller loans in the future
B
making monthly payments on a loan on time
C
paying off a loan as soon as possible
D
frequently spending more money than is earned

Explanation

Frequently spending more money than you earn leaves you short of money and can lead to debt, so it is not a good financial decision. Building savings, paying loan installments on time, and paying off a loan sooner can all help improve financial stability.

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