One of the Keys to Financial Success Is Never to Apply

question 22

True/False

One of the keys to financial success is never to apply for a credit card.

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Definitions:

Legal Position

An individual's or entity's rights, responsibilities, and standing under the law.

Insurance

Insurance is a financial product that provides protection against financial losses or liabilities stemming from unforeseen events, such as accidents, natural disasters, or health issues, to the insured, in exchange for payment of a premium.

Expensive Vase

A high-cost container, often decorative and made of precious materials, used typically for displaying flowers.

Extended Benefits

Refers to additional benefits provided beyond the standard offerings, often in the context of unemployment insurance, health insurance, or retirement plans, aiming to offer added security during specific circumstances.