Question: It can be easy to go into debt by using a credit card unwisely. However, as technology advances and we're able to pay with our

  1. It can be easy to go into debt by using a credit card unwisely. However, as technology advances and we're able to pay with our phone or our watch, we're relying more and more on credit cards as a primary method of payment. What are some suggestions for ensuring we don't get too deep into credit card debt and still use those credit cards every day?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To avoid getting too deep into credit card debt while still using them daily consider these suggesti... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Q:

In 2019, Zynga was optimistic. In an interview, CEO Frank Gibeau, said, "We're set up for a really strong 2019. We have a good lineup of games to create the base for us, and then we have more than...

Q:

1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...

Q:

Hybrid Corporation began operations in 2018 and during that year purchased equity investments. It owns less than 20% of the voting shares for all companies whose stock it purchased. The year-end cost...

Q:

The U.S. Environmental Protection Agency recently reported that confined animal feeding operations (CAFOs) dump 2 trillion pounds of waste into the environment annually, contaminating the ground...

Q:

1. Describe the advertising mix being used in Hollywoods new marketing campaign. 2. What are the main reasons for the new campaign? How do you recommend they measure results? 3. How might the...

Q:

Outline some of the strengths and weaknesses of Jungs system of thought.

Q:

Prostuff Company produces catchers mitts. Currently, Prostuff charges a price of $35 per mitt. Variable costs are $23.10 per mitt, and fixed costs are $23,800. The tax rate is 40 percent. Last year,...

Q:

Suppose 1-month forward points for UK pound and USD are 0.0023. The current spot rate of S(USD/GBP)=1.3215. What are the 1-month forward rates (bid and ask) of F 1 (USD/GBP)?

Q:

Maria Gomez owns and manages a consulting firm called Accel, which began operations on December 1. She asks us to assist her with some financial reporting questions. On December 31, we are provided...

Q:

A uranium oxalate actinometer is irradiated for 15 min with 4350 A light. At the end of this period it is found that the oxalic acid corresponding to 12 cm 3 of KMnO4 at 0.001 M has been decomposed...

Q:

Match the communication methods with their corresponding advantages in the table below: Table of communication methods and descriptions. Method A: Increases flexibility and reduces pressure. Method...

Q:

A. Patrimonio is a stockholder of ABC, Inc. which has 30,000 shares outstanding and 50,000 shares of authorized capital stock. There are eleven seats in the board of directors. 7. How many shares and...

Q:

28 S Sol-Motors is the only auto manufacturer in West Lidia, a country that prohibits the importation of cars. The graph below shows the demand and the costs for Sol-Motors. Costs and revenues (in...

Q:

Wasteful usage of variable overhead costs such as indirect materials and utilitiesi.e., misplacing or spilling indirect materials or leaving machines running and doors to refrigerated areas open will...

Q:

The intName method in the "Problem Solving: Stepwise Refinement"section accepted arguments Answered: 1 week ago

Q:

Question 11: Construct profit diagrams and profit tables on expiration for the following strategy: write two call options with x=100 and market price of 6. Buy one call option with x=90 and market...

Q:

Use the information given about the angles and to find the exact value of: (a) sin( + ) (b) cos( + ) (c) sin( - ) (d) tan ( + ) (e) sin(2) (f) cos (2) (g) sin /2 (h) cos/2 cos = 4/5, 0 Answered: 1 week ago

Q:

9. Consider the data from the chemical reaction experiment from Box and Meyer (1993) shown in the table below. The rst ve columns dened the factor settings for the experiment, and the remaining...

Q:

9. The flow rate y (m3 /min) in a device used for air-quality measurement depends on the pressure drop x (in. of water) across the devices filter. Suppose that for x values between 5 and 20, the two...

Q:

12. Exercise 4 gave data on x BOD mass loading and y BOD mass removal. Values of relevant summary quantities are n 14 xi 517 yi 346 x2 i 39,095 y2 i 17,454 xi yi 25,825 a. Obtain the equation...