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Question
leos car broke down, and he must find money in his limited budget to pay the repair bill.
which of the following is the best solution for leo to handle the unplanned spending?
○ leo forgoes going out to dinner.
○ leo forgoes paying the rent on his apartment.
○ leo forgoes paying his water bill.
○ leo forgoes paying his electricity bill.
Unplanned car repair costs should be covered by cutting non-essential, discretionary expenses. Going out to dinner is a voluntary, non-necessary expense, while rent, water, and electricity bills are essential living costs that have serious consequences if unpaid (like eviction, loss of utilities). Forgoing the dinner is the only sustainable, low-consequence way to free up funds within a limited budget.
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A. Leo forgoes going out to dinner.