Borrowing and Saving

Taken by EricGjerde on Flicker CC

Today in class, we learned about borrowing and saving; all of the good things that can happen, and all of the bad things that can happen.  We mostly talked about debt and loans, and how much trouble you can be in if you don't pay of your debt.  We used the example of college; college has lots of fun and cool stuff to offer, but how are you going to pay for it all when you most likely already have a loan to pay off for college?  You just have to be smart about what you're buying, and really just know how much money you can spend. Just really monitor how much money you have, what you can spend, and then finally what you need to save.