John has $4,000 in savings that he has set aside to buy an engagement ring for his girlfriend, even though he isn't planning to propose for quite some time. When John's car needs a new transmission he charges the $2,000 repair cost to his credit card and pays off the balance over several months. what John's decision shows?

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Johns decision to use his credit card for the car repair despite having savings in his account for a ... View the full answer