11 post assessment.docx - Explain how interest can be good...

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Explain how interest can be good or not so good for you financially. (20 points) People are into different things; some people may like doing something expensive like traveling the world and another person may just like to work. The person who travels unless they have a very good job may not be a as financial stable as someone echo doesn’t spend a lot of money but is making a lot of money. What are 3 possible expenses for a car? (Think about routine, ongoing expenses.) (20 points) Three expenses for a car could be: a month car payment, car insurance, and gas for your car. Reflect on what you learned in this module and how you can apply in your future in 1-2 paragraphs. (Note: your reflection should incorporate at least 5 of the keywords/concepts (see above) from this unit and paragraphs contain at least 5 complete sentences with proper spelling and grammar). (50 points) In this section I have learned that you need to start putting your money in a savings account as soon as you can. Money in a savings account will gain interests and over time will become a lot of money. I
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  • Fall '19
  • Payment, Credit card, Generally Accepted Accounting Principles

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