NewHomeTHO


 * ** How would  **
 * You Spend $10,000 Dollars ** ||
 * ||  ||||  Total Spent  ||
 * ||  |||| **  7352.69  ** ||
 * ** Item  ** || **  Description  ** || **  Item Value  ** || **  Luxury  **
 * Necessity ** ||
 * 46" TV ||  Sony Bravida 46" LCD TV  || 1399 || Luxury ||
 * Ipod Nano ||  Ipod Video Nano with 8 GB memour  || 149 || Luxury ||
 * Xbox 360 ||  Xbox 360 Video Game  || 259 || Luxury ||
 * matress ||  temperpedic  ||  3799  ||  necessity  ||
 * pillows ||  my pillow  ||  24.95  ||  necessity  ||
 * sheets ||  pinzon heavywieght  ||  79.99  ||  necessity  ||
 * blankets ||  I love this value  ||  7.07  ||  necessity  ||
 * fan ||  germgardium  ||  99.99  ||  Luxury  ||
 * towels ||  shaps stone  ||  5.99  ||  necessity  ||
 * fridge ||  magic chef  ||  397  ||  necessity  ||
 * couch ||  homesullivan  ||  176  ||  luxury  ||
 * microwave ||  GE  ||  198  ||  necessity  ||
 * oven ||  amana  ||  359  ||  necessity  ||
 * lamp ||  Hampton bay  ||  39.97  ||  Luxury  ||
 * computer ||  HP  ||  189  ||  Luxury  ||
 * interneret ||  time Warner cable  ||  14.99  ||  necessity  ||
 * pillow case ||  allerease  ||  5.74  ||  necessity  ||
 * coffee table ||  better homes  ||  149  ||  Luxury  ||


 * 1) Why do people use credit cards? To buy now pay later
 * 2) What are advantages and disadvantages of credit cards? you can just spend and spend without stoping and over pay on it and be in debit
 * 3) What do the following terms mean? credit card, principal, APR, simple interest, monthly payments. A piece of plastic that lets you borrow money, annual payment rate, the money you owe, interest that is mad more simple, the money you pay monthly.
 * 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? To know how to spend and save your money without going into debt
 * 5) What is the most important idea you have learned from this lesson? To track your spending.