Mark is a nontraditional student with a full time job.He does not spend more than he earns, keeps a monthly budget, stays healthy, looks for free opportunities, pays the minimum on his credit card balance, looks for free opportunities to add discretionary spending money in his savings account, and conserves energy or takes public transportation whenever possible.He is on a strong path toward optimal future savings.

Question

Quizplus · Accepted Answer

While Mark is practicing good financial habits, paying only the minimum on his credit card balance can lead to high interest charges, which may hinder his ability to save optimally in the future.

Mark Is a Nontraditional Student with a Full Time Job