When people are living beyond their means, they are said to be
financially irresponsible. Explain.

Answers

Answer 1

Answer:

Being financially responsible means you have a process for managing your money that is productive and in your best interest overall. ... Has a healthy attitude toward money, taking a long-term view and living within their means. Pay bills on time. Manages credit responsibly and looks for ways to cut costs.

Explanation:

The simple truth is that a financially irresponsible person lives exceeding his means. To change this, you must spend less than you earn! Also, try to AVOID the following Irresponsible Financial Actions. Failing to pay balances in full.


Related Questions

Which age group of people is most likely to migrate

Answers

Migration is most likely between the ages of 20 and 30 years old.
Moreover, many studies show that the highest probability for migrating is between the ages of 20 and 30 years old. However, research also suggests that, after a decline at the age of 30 there might be another peak of migration at the older age and, in particular, following retirement, reflecting return migration.

If you want to pay less interest over the life of your loan, you should make a _____ monthly payment.

Answers

Loans with shorter terms have a lower interest costs but higher monthly payments

Loan

Loan is the borrowing of money by individuals, organizations to other individuals, organizations.

The longer the period needed to pay your loan, the more interest you will pay. Loans with shorter terms have a lower interest costs but higher monthly payments than loans with longer terms.

Find out more on Loan at: https://brainly.com/question/26011426

Answer:high

Explanation:

Describe traits of a person who is financially responsible?

Answers

Answer:

Financially Responsible person have a Budget and they already have plans in place, for every unexpected occasion. They allocate required amount from their salary for different occasions and goals and never mix them with each other. They follow a definite plan and Budget and stick to it.

Explanation:

Mark me brainly please

Answer:

Hayden

Explanation:

Which of the following best supports the idea that Turner took a positive view of the effects of the frontier on American History?

A. The continual recurrence of these areas of paper-money agitation is another evidence that the frontier can be isolated and studied as a factor in American history of the highest importance
B. And now, four centuries from the discovery of America, at the end of a hundred years of life under the Constitution, the frontier has gone, and with its going has closed the first period of American History
C. He would be a rash prophet who should assert that the expansive character of American life has now entirely ceased
D. The result is that to the frontier the American intellect owes its striking characteristic

Answers

According to contextual perspective, the statement that best supports the idea that Turner took a positive view of the effects of the frontier on American History is that "The result is that to the frontier the American intellect owes its striking characteristic."

This implies that by holding a positive view of the frontier, Frederick Jackson Turner attributes good traits and praises to the frontier.

If Frederick Jackson Turner concludes that the American intellect owes its striking characteristic to the frontier, the frontier has positive impacts on American history and society.

Hence, in this case, it is concluded that the correct answer is option D.

Learn more about the American frontier here: https://brainly.com/question/23948573

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