asked 222k views
4 votes
Lola is preparing to buy a new home. She just received a promotion at her job

and she always pays her bills on time. Her only issue is she loves to shop,
which often doesn't leave her much money. After meeting with the realtor, it
Hooks like she will have to hold off on purchasing a new home. What area
should she most likely focus on to prepare?
O A. Overspending
B. Late payment fees and interest
C. Discouragement
O D. Credit damage

asked
User Khadine
by
8.6k points

2 Answers

4 votes

Answer:

It's overspending

Step-by-step explanation:

she spends right as she gets her money and doesn't save anu

answered
User ZakTaccardi
by
8.2k points
4 votes

Answer:

A. Overspending

Step-by-step explanation:

We note here that Lola "just received a promotion at her job," which means she is likely to have an increase in pay as a result. However, because of her love for shopping, we are told that she often doesn't have much much money left.

This most likely indicates that Lola overspends (eg on shopping, etc), making it difficult to fulfill other needs she has like buying a new home. Therefore, to prepare she needs to check the area of overspending in other to have enough money for the new home.

answered
User Donzell
by
8.8k points

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