Alejandro created a budget when he moved out on his own. He decided to rent an apartment close to where he works, but the new ap
artment did not come with a refrigerator. Alejandro decided to use a rent-to-own program to buy a refrigerator, and he is making his payments. At the end of the month, Alejandro has found that he has to charge groceries and other expenses on his credit card because he has run out of money. His credit card balance is increasing, and so are his minimum payments. Which step of the decision-making process would most benefit Alejandro right now? gathering information taking action evaluating and revising the decision making the decision
Evaluating and revising decision involve analyzing the result of the decision that we made in the past in order to find out whether the solution that we implemented to address it is efficient.
From the excerpt above, we can infer that Alejandro already made a couple of decisions on how to use his money for the month, but only find out that the cost is larger that he would want it to be by the end of the month. To handle this, it is best for Alejandro to analyze his past decision and find out which things he could change to cut down his cost.
