which would be most helpful when considering a large expenditure that might require repeating payments…

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

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

Answer

Brief Explanations:

  • Creating a budget: Helps plan future income and spending to handle repeated payments for large expenditures.
  • Learning about money - managing accounts: Different accounts (e.g., savings, checking) can assist in organizing funds for such expenditures.
  • Learning about opportunity cost: Understanding what is given up (other uses of money) when making large expenditure decisions with repeated payments.
  • "Careful consideration of short - term goals" is more about short - term, while the expenditure is likely long - term with 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