Question

which would be most helpful when considering a large expenditure that might require repeating payments? select three options.
□ careful consideration of short - term goals
□ recording the number of assets you currently own
□ creating a budget to consider future income and spending
□ learning more about different kinds of accounts to manage money
□ learning about opportunity cost

Explanation:

• Creating a budget: Helps plan future income and spending, crucial for repeated payments.
• Learning about accounts: Different accounts (e.g., savings, checking) aid in money management for large, repeated expenses.
• Learning about opportunity cost: Understanding what is given up (e.g., other investments) when making large expenditures with repeated payments is important.
• "Careful consideration of short - term goals" is too narrow for long - term/repeated payments. "Recording the number of assets" doesn't directly help with planning for repeated payments.

Answer:

• creating a budget to consider future income and spending
• learning more about different kinds of accounts to manage money
• learning about opportunity cost