List the six keys to successful debt management
What will be an ideal response?
Answer:
1. Budget and spend less than you earn.
2. Know the costs.
3. Understand the difference between good and bad debt.
4. Make sure you can repay what you borrow; set your own standards.
5. Keep a clean credit record; it is a source of emergency money.
6. Do not live with bad (and expensive) debt.
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Implicit capital gains are
A. increases in the capital stock required to operate stock markets. B. capital gains realized by foreign investors. C. capital gains that have been realized by domestic investors. D. capital gains that have been accrued but not yet realized.
Reverse innovation begins by identifying new product benefits
Indicate whether the statement is true or false
Operating expenses do not match the amount of cash paid to employees, suppliers, and others for goods and services during a period. Describe the three adjustments that must be made to operating expenses to arrive at the cash outflow
Which one of the following is not a difference between a retail business and a service business?
A) in what is sold B) the inclusion of gross profit in the income statement C) accounting equation D) merchandise inventory included in the balance sheet