A net surplus at the end of the month could be
A)used to pay down credit card debt.
B)invested in a retirement account.
C)carried forward to the next month.
D)all of these.

Question

Quizplus · Accepted Answer

A net surplus at the end of the month can be used for all of these options. Paying down credit card debt will reduce interest charges and lower overall debt, investing in a retirement account will help with long-term financial goals and potentially provide tax benefits, and carrying the surplus forward to the next month can help create a cushion for unexpected expenses or help to build a larger emergency fund.

A Net Surplus at the End of the Month Could