NewHomeVaraS

New Home Spreadsheet
 * ** How would **
 * You Spend $10,000 Dollars ** ||
 * ||  |||| Total Spent ||
 * ||  |||| ** $2,750.80 ** ||
 * ** Item ** || ** Description ** || ** Item Value ** || ** Luxury **
 * Necessity ** ||
 * Water Bed || Grand Universal Canopy Waterbed Furniture || $115 || Necessity ||
 * Leather Couch || White Bonded Leather Couch || $443 || Necessity ||
 * Recliner Chair || White Cloth Recliner Chair || $205 || Necessity ||
 * Coffee Table || Lift Top Wood Coffee || $193.60 || Necessity ||
 * Mirror || Grey Mirror || $62.89 || Luxury ||
 * Refrigerator || Stainless Steel Refrigerator || $600.00 || Necessity ||
 * Fireplace || Superior Wood Burning Fireplace || $669.00 || Luxury ||
 * Smart TV || Seiki 48 inch Ultra Smart TV || $300.00 || Necessity ||
 * Table Lamp || Himalayan Glow Lamp || $34.00 || Necessity ||
 * Big Joe || Cube Black Big Joe || $60.00 || Luxury ||
 * Rug || Damask Runner Rug || $69.00 || Luxury ||


 * || APR=15% || Compound Interest ||  ||
 * Principal || %/month || Amount Due || Payment ||
 * $10,000 || 1.25% || $10,125 || $371 ||
 * $9,754 || 1.25% || $9,876 || $371 ||
 * $9,505 || 1.25% || $9,624 || $371 ||
 * $9,253 || 1.25% || $9,368 || $371 ||
 * $8,997 || 1.25% || $9,110 || $371 ||
 * $8,739 || 1.25% || $8,848 || $371 ||
 * $8,477 || 1.25% || $8,583 || $371 ||
 * $8,212 || 1.25% || $8,315 || $371 ||
 * $7,944 || 1.25% || $8,043 || $371 ||
 * $7,672 || 1.25% || $7,768 || $371 ||
 * $7,397 || 1.25% || $7,489 || $371 ||
 * $7,118 || 1.25% || $7,207 || $371 ||
 * $6,836 || 1.25% || $6,922 || $371 ||
 * $6,551 || 1.25% || $6,633 || $371 ||
 * $6,262 || 1.25% || $6,340 || $371 ||
 * $5,969 || 1.25% || $6,044 || $371 ||
 * $5,673 || 1.25% || $5,743 || $371 ||
 * $5,372 || 1.25% || $5,440 || $371 ||
 * $5,069 || 1.25% || $5,132 || $371 ||
 * $4,761 || 1.25% || $4,821 || $371 ||
 * $4,450 || 1.25% || $4,505 || $371 ||
 * $4,134 || 1.25% || $4,186 || $371 ||
 * $3,815 || 1.25% || $3,862 || $371 ||
 * $3,491 || 1.25% || $3,535 || $371 ||
 * $3,164 || 1.25% || $3,204 || $371 ||
 * $2,833 || 1.25% || $2,868 || $371 ||
 * $2,497 || 1.25% || $2,528 || $371 ||
 * $2,157 || 1.25% || $2,184 || $371 ||
 * $1,813 || 1.25% || $1,836 || $371 ||
 * $1,465 || 1.25% || $1,483 || $371 ||
 * $1,112 || 1.25% || $1,126 || $371 ||
 * $755 || 1.25% || $765 || $371 ||
 * $394 || 1.25% || $399 || $371 ||
 * $28 || 1.25% || $28 || $371 ||

It will take 33 months to pay the debt off


 * discretionary spending - government spending implemented through an appropriations bill. This is a Google definition, ntone from the boo,
 * net worth - the values of all assets, minus the total of all liabilities.
 * giving - donating money
 * savvy shopping - being aware when shopping
 * budget - how much money you have
 * debt - an amount of money you owe
 * credit card pros and cons - have to keep track pros **and** cons??
 * debit card pros and cons - easy to use pros **and** cons??
 * borrow and downpayment - money you borrow and have to pay back
 * APR - annual percentage rate
 * credit score - how much money on your credit rate
 * public and private colleges - university

=**Questions:**=


 * 1) =Why do people use credit cards? To use money later instead of paying now.=
 * 2) =What are advantages and disadvantages of credit cards? The bill and you can use as much as you want.=
 * 3) =What do the following terms mean? credit card- buy now pay later. APR- Annual Percentage Rate. simple interest- very little interest. compound interest- a lot of interest.=
 * 4) =How can understanding the math calculations for the principal, APR, simple and compound interest, and monthly payments of credit card debt affect your overall financial situation in the future? By using the internet=
 * 5) =What is the most important idea you have learned from this lesson? Using credit cards are bad=