Question

multiple choice question
behaviors that detract from financial wellness include which of the following?

○ refinancing a home
○ seeking the counsel of a certified financial adviser
○ paying off the monthly credit card balance
○ obtaining a credit without understanding the terms of payment

Explanation:

To determine which behavior detracts from financial wellness, we analyze each option:

• Refinancing a home can be a positive financial move (e.g., lower interest rates), so it does not detract.
• Seeking a certified financial adviser's counsel is a proactive step for financial health.
• Paying off the monthly credit card balance avoids interest and debt buildup, promoting wellness.
• Obtaining credit without understanding payment terms (like interest rates, fees, repayment schedule) can lead to financial trouble (e.g., unexpected debt, high interest), detracting from wellness.

Answer:

D. obtaining a credit without understanding the terms of payment