Question

Jenna is saving for a sound system. While she is saving for her system, she finds the speakers for her system on sale for a good price and buys them. At the same time, Mark is saving up to by a big-screen television. He sees some movies on sale and decides to buy them so that he can watch them on his new television when he buys it. Which of the following statements best describes Jenna's and Mark's actions?
A.
Jenna and Mark were both foolish in their purchases. They both should have waited until they had saved the money for the large purchase.
B.
Jenna was foolish to buy the speakers because their high price may sabotage her efforts to buy the sound system. Mark was wise because he bought the movies on sale. He saved money on the purchase.
C.
Jenna and Mark were both smart in their purchases. They both bought items on sale, so they saved money. These savings will help them as they continue setting aside money for their larger purchases.
D.
Jenna was wise to get the speakers at a good price since they are part of the system she is saving for. Mark should have waited on the movies to finish saving for the television first.

Answer 1

The correct answer is "A"

Both people made bad decisions, they should continue saving and then be able to buy the desired product in the first instance. Now they will take longer to have enough money, and once they have the product, maybe what they bought now will no longer work, be obsolete or can not be used.