May 21, 2012

Borrowing and Saving Money



Today in 21st Century Skills we watched some short clips on how borrowing money can get you into trouble if you don't have a plan to pay it off. People can borrow money for a house, a car, and college. If you need to get a loan on something make sure you make a plan that your are able to pay off without going into to debt. Balance your income and the money you are spending. Also make sure that the interest rate stays the same throughout the months or years you are paying of your debt so you don't end up paying more that you would have thought.
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By: http://www.flickr.com/photos/13600186@N06/2630539049




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