Which of the following is least likely to "crash and burn" in a financial planning simulation? A. A family with two earners, some debt and little savings who are about to buy a very expensive house (relative to their income) before having children. B. A family with two earners who pay off their student debt and start saving before having a family. C. A family with two earners, a lot of debt and little savings who are about to start a family. D. A family with one earner in the workforce, a number of children and no savings.

Question

Corbin Johns

Computers & Technology

24 August, 18:50

Which of the following is least likely to "crash and burn" in a financial planning simulation? A. A family with two earners, some debt and little savings who are about to buy a very expensive house (relative to their income) before having children. B. A family with two earners who pay off their student debt and start saving before having a family. C. A family with two earners, a lot of debt and little savings who are about to start a family. D. A family with one earner in the workforce, a number of children and no savings.

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Answers (2)

Know the Answer?

Emilia Madden · Answer 1

I have no idea dude I just want the thing to stop showing 75 percent

Vinnie · Answer 2

A family with two earners who pay off their student debt and start saving before having a family (B)

Explanation:

In a financial planning simulation the Debt and credit of the individuals/entity and the savings and loan records of the individual/entity is considered.

A family with two earners with debt and little savings who are about to buy a very expensive house will be very likely to crash and burn and A family with two earners, a lot of debt and little savings who are about to start a family will be likely to crash and burn because of the family has a bad debit and no savings. A family with one earner in the workforce, a number of children and no savings will definitely crash and burn because they don't have savings which is very bad.