Whitney works hard to pay as much as she can toward her college tuition and avoids...

50.1K

Verified Solution

Question

Finance

Whitney works hard to pay as much as she can toward her collegetuition and avoids taking out student loans whenever possible.She's noticed that she could use some new clothes before the nextsemester starts and has saved $300. She prefers to shop atdepartment stores but knows her money won't go very far at storeslike that. Whitney is determined not to go over her budget, so sheends to come up with a plan that will help her stick to it.

1.) Are there other shopping options that Whitney could takeadvantage of? If so, what are they?

2.) What kind of impact would purchases not made at a departmentstore have on her budget?

3.) If you were in Whitney's shoes, what would you do? Why?

Answer & Explanation Solved by verified expert
4.3 Ratings (667 Votes)
1 As Whitney wants to shop in a tighter budget her decision to avoid departmental store for shopping is correct there are plenty of other options that she may consider for the purpose of shopping Departmental stores are basically retailers and they sell products after adding a hefty profit margin on    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

Whitney works hard to pay as much as she can toward her collegetuition and avoids taking out student loans whenever possible.She's noticed that she could use some new clothes before the nextsemester starts and has saved $300. She prefers to shop atdepartment stores but knows her money won't go very far at storeslike that. Whitney is determined not to go over her budget, so sheends to come up with a plan that will help her stick to it.1.) Are there other shopping options that Whitney could takeadvantage of? If so, what are they?2.) What kind of impact would purchases not made at a departmentstore have on her budget?3.) If you were in Whitney's shoes, what would you do? Why?

Other questions asked by students