Which of the following individuals could be considered to have financial problems?

The individual who is unable to pay his rent is experiencing a significant financial issue, as housing costs are often a primary necessity. Being unable to meet such obligations can lead to serious consequences, such as eviction, damage to credit score, and increased financial stress. This situation reflects a direct impact on daily living and stability, highlighting the importance of managing income and expenses effectively.

In contrast, planning for retirement is a proactive step and suggests financial awareness and responsibility. Overspending on luxury items, while potentially problematic, may not immediately indicate a financial crisis; it could reflect prioritization or lifestyle choices rather than an inability to manage essential expenses. Having multiple credit cards can be a sign of financial strategy or management, but it does not inherently denote a problem unless it leads to overwhelming debt or inability to pay them off.