Write about a financial decision you have made recently.

1. What was the main benefit of making that decision?
2. Describe two opportunity costs as a result of making your decision. Include at least one opportunity cost that was not directly related to money.

You wanted to save into a bank account as you get interest x

Answered by lucyx | 2024-06-10

Everybody makes financial decisions. You can think to when you bought an article of clothing, food, or something for school. You can say why this decision helped, it kept you warm, it fed you (you need food to live), and you need school items to help you learn.

Answered by ariiz08 | 2024-06-24

I recently decided to save part of my allowance instead of spending it all. The main benefit is that I can build savings for a new laptop, while opportunity costs include missing out on spending for fun activities and the time spent budgeting. This choice helps me learn about financial management, even though it involves some sacrifices.
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Answered by ariiz08 | 2024-12-17