Is it advisable for Marge to use credit to buy a car for school?

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Get ready for the Independent Living Credit Test. Study with multiple choice questions and flashcards, complete with hints and explanations. Prepare effectively for your exam!

Using credit to buy a car should be approached with careful consideration of the distances involved, particularly for a student like Marge. If her school is a significant distance from her home, having a car might be more about necessity than convenience, and the distance can justify the use of credit to make the purchase.

However, it's also crucial to evaluate other factors, such as her financial situation, the cost of maintaining a car, fuel expenses, insurance, and possible alternatives for transportation. Relying solely on the distance doesn't take into account other important elements of the decision, such as financial strain and the overall impact on her budget while studying.

Considering alternative transportation options—like public transit, biking, or carpooling—could be more economical and practical if the distance from school is manageable. Hence, while distance plays a critical role, a sound decision encompasses more than just how far Marge has to travel to get to school.

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