Questions you should consider before you decide how and when to make a major purchase include all except
A)do I have the cash I need for a down payment
B)do I want to use my savings for this purchase
C)could I postpone this purchase
D)what are the psychological costs of using credit (being in debt and responsible for monthly payments)
E)all these questions should be considered

Question

Quizplus · Accepted Answer

All of these questions should be considered before making a major purchase as they can help you make an informed decision about whether or not to proceed with the purchase, how much you can afford to spend, and what the long-term financial impact of the purchase may be. It's important to consider factors such as your cash flow, savings, and other financial obligations before making any significant purchase, and to weigh the pros and cons of using credit versus paying with cash or savings. Additionally, it's always a good idea to ask yourself if the purchase is truly necessary or if you could postpone it until a later time when you're in a better financial position.

Questions You Should Consider Before You Decide How and When