One Disadvantage of Financing Is

question 18

Multiple Choice

One disadvantage of financing is

• A) interest payments are tax-deductible.
• B) it allows you to make purchases without having adequate cash available.
• C) it can cause budgeting problems.
• D) it allows you to have more money in the future.

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Definitions:

Household Order

The organization and structure within a household, including the routine and rules that govern the day-to-day living.

Cultural Norms

Unified principles and directives that shape how individuals behave in societal circles.

Stepfamilies

Families formed by the marriage or long-term cohabitation of two adults, where one or both bring children from previous relationships.

Noncustodial Parent

A parent who does not have primary legal or physical custody of their child but may have visitation rights or pay child support.