NewHomeSSA15

=Questions:= = = =Answers:=
 * 1) =Why do people use credit cards?=
 * 2) =What are advantages and disadvantages of credit cards?=
 * 3) =What do the following terms mean? credit card, principal, APR, simple interest, monthly payments=
 * 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?=
 * 5) =What is the most important idea you have learned from this lesson?=

=Assignment #2=
 * 1) People use credit cards to make large purchases for when they do not want to use their debit cards and want to buy something and pay it away later.
 * 2) The advantages of having a credit card is that you can use it during emergencies, this is also how you build up credit to buy a house, rent an apartment, get a car, etc. The disadvantages of getting a credit card is that it lets the person be able to buy things on a whim without planning how much it'll hurt them in the long run.
 * 3) A credit card is a card that a bank gives you so that you can purchase things while they charge you a certain amount of interest and be able to pay them off. Principal is the money you owe without interest. APR is the annual rate that is charged for borriwng or made investing expressed as a single percantage number that represents the actual yearly cost of funds over the term of a loan. Simple interest is a quick method of calculating the interest charge on a loan. Monthy payments are the payments you pay to a credit card company for borriwng money.
 * 4) If you understand these terms you will be able to budget carefully and understand the basics of credit cards and how to use credit cards.
 * 5) The most important idea that I have learned from this is how to budget my money wisely.


 * Loft Bed || Loft bed with desk || $432 || Necessity || __ [|http://www.ikea.com/us/en/catalog/products/S49023533/#/S89027275] __ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Fridge w/ Freezer || Kenmore 18 cu. W/ top freezer || $500 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Wardrobe || White wardrobe || $179 || Necessity || __ http://www.ikea.com/us/en/catalog/products/30276592/#/30276592 __ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Nightstand || white nightstand || $99.00 || Necessity || http://www.ikea.com/us/en/catalog/products/S29021097/ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Couch || white couch || 399.99 || Necessity || http://www.ikea.com/us/en/catalog/products/S09840535/ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Mirror || brown stained floor mirror || $129.99 || Luxury || http://www.ikea.com/us/en/catalog/products/S09840535/ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Curtains || Brown curtains || $69.99 || Luxury || http://www.ikea.com/us/en/catalog/products/80230200/ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * shower curtains || turquoise shower curtains || $12.99 || Luxury || http://www.ikea.com/us/en/catalog/products/20267395/ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * microwave oven || stainless steel || $599.00 || Necessity || http://www.ikea.com/us/en/catalog/products/30182471/ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * dining table || round dining table slide chairs || $111.00 || Necessity || http://www.antarescompany.ru/shop/kuhonnaya-mebel/stoly-obedennye/stol-obedennyj-kruglyj-razdvizhnoj-iz-komplekta-skb/ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * cookware set || 6-piece cookware set, silver || $19.99 || Necessity || http://www.ikea.com/us/en/catalog/products/80263182/ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * kitchen utility cart || turquoise cart, 3 shelves || $50.00 || Luxury || http://www.ikea.com/us/en/catalog/products/30216536/ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * washer dryer || set, stainless steel silver || $1,839.98 || Necessity || http://www.sears.com/lg-4.3-cu-ft-ultra-large-capacity-front/p-026CO79870812B ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * mattress || twin mattress memory foam || $99.99 || Necessity || http://www.sears.com/night-therapy-6-inch-memory-foam-mattress-twin/p-00841236000P ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * ceiling fan || 42" Dixie Belle Pure White Ceiling Fan with 31" Bleached Oak Gloss Blades || $139.99 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * media center || Furniture of America Skyler Contemporary 64-inch White/ Cappuccino 2-drawer TV Console || $221.99 || Luxury || http://www.overstock.com/Home-Garden/Furniture-of-America-Skyler-Contemporary-64-inch-White-Cappuccino-2-drawer-TV-Console/8548443/product.html?refccid=CCLPZKLR2AWK6HKFCXFZB75L4M&searchidx=2 ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * bathroom vanity || Madison 30-1/2 in. Vanity in Java with Solid-Surface Vanity Top in Sand and Mirror || $199.99 || Necessity || http://www.homedepot.com/p/Glacier-Bay-Madison-30-1-2-in-Vanity-in-Java-with-Solid-Surface-Vanity-Top-in-Sand-and-Mirror-PPMDSJVM30MS/204105602 ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * tableware set || Gibson Home Soho Lounge Square 16-Piece Dinnerware Set || $39.96 || Necessity || http://www.walmart.com/ip/10980399?wmlspartner=wlpa&adid=22222222227000039931&wl0=&wl1=g&wl2=c&wl3=41081475032&wl4=&wl5=pla&wl6=78310221992&veh=sem ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * area rug || Kilim Grey 5 ft. x 7 ft. 6 in. Area Rug || 279.99 || Luxury || http://www.homedepot.com/p/Home-Decorators-Collection-Kilim-Grey-5-ft-x-7-ft-6-in-Area-Rug-1545120270/204413759?cm_mmc=Shopping%7cG%7cBT3%7cPLA&gclid=COO_ttTryMMCFeVj7AodnSAAMg&gclsrc=aw.ds ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * bar table || Coaster Fine Furniture Bar Set || $303.00 || Luxury || http://www.atgstores.com/products/view.aspx?family=1237750&isprodset=1&prodsetid=7351 ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * ac unit || Amana PTAC PTC123G35AXXX DigiSmart Electric Heat 12,000BTU 230V 3.5KW 20AMP R410A || $713.61 || Necessity || http://www.ptacunits.com/index.php?route=product/product&product_id=77¤cy=USD&language=en&gclid=CJWpn6XsyMMCFU07gQodyQ0ACQ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * tv || 55" TCL 1080p Roku Smart TV || $598.00 || Luxury || http://www.samsclub.com/sams/55-tcl-rokutv-smart-tv/prod15460255.ip ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * cooktop || Kenmore 30" Electric Cooktop - Black || $549.99 || Necessity || http://www.sears.com/kenmore-30inch-electric-cooktop-black/p-02245109000P ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * elliptical || NordicTrack E 6.7 Elliptical || $550.99 || Luxury || http://www.sears.com/nordictrack-e-6.7-elliptical/p-00623947000P ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * laptop || Lenovo - Yoga 2 2-in-1 11.6" Touch-Screen Laptop - Intel Core i3 - 4GB Memory - 500GB Hard Drive - Silver/Black || $579.99 || Luxury || http://www.sears.com/nordictrack-e-6.7-elliptical/p-00623947000P ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * headset || Sharkoon - X-Tatic S7 Gaming Headset for PlayStation 3, Xbox 360 and Windows - Black/Red || $129.99 || Luxury || http://www.bestbuy.com/site/lenovo-yoga-2-2-in-1-11-6-touch-screen-laptop-intel-core-i3-4gb-memory-500gb-hard-drive-silver-black/8618406.p?id=1219354100002&skuId=8618406 ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * speaker || Bose® - Solo 15 TV Sound System - Black || $449.99 || Luxury || http://www.bestbuy.com/site/sharkoon-x-tatic-s7-gaming-headset-for-playstation-3-xbox-360-and-windows-black-red/8277207.p?id=1218870367606&skuId=8277207 ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * comforter || Teen Vogue® Electric Beach Comforter Set In Coral ||  || Necessity || http://www.bestbuy.com/site/bose-solo-15-tv-sound-system-black/8083105.p?id=1219311896214&skuId=8083105 ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * portable charger || http://www.amazon.com/Jackery%C2%AE-Portable-Aluminum-12000mAh-External/dp/B00AANQLRI/ref=sr_1_3?ie=UTF8&qid=1423073023&sr=8-3&keywords=phone+charger+portable ||  || $39.99 || http://www.bedbathandbeyond.com/store/product/teen-vogue-reg-electric-beach-comforter-set-in-coral/216726?categoryId=12498 ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||