NewHomeICS16LEA


 * ** Item ** || ** Description ** || ** Item Value ** || ** Luxury **
 * Necessity ** ||
 * 46" TV || Sony Bravida 46" LCD TV || 1399 || Luxury ||
 * iPod Nano || iPod Video Nano with 8 GB memoir || 149 || Luxury ||
 * Xbox 360 || Xbox 360 Video Game || 259 || Luxury ||
 * mattress || queen size || 299 || Necessity ||
 * bed || bed frame || 285 || Necessity ||
 * washer || Kenmore || 272 || Necessity ||
 * dryer || Kenmore || 210 || Necessity ||
 * refrigerator || Kenmore || 649 || Necessity ||
 * stove || amana || 448 || Necessity ||
 * pillow || black label || 59 || Necessity ||
 * couch || stocksund || 699 || Luxury ||
 * plates || fiesta || 52 || Luxury ||
 * bar table || bjursta || 655 || Necessity ||
 * outdoor table || angso || 449 || Luxury ||
 * shower curtain || badback || 8 || Necessity ||
 * towels || lonnern || 6 || Necessity ||
 * mirror || ekne || 50 || Luxury ||
 * carpet || gaser || 149 || Luxury ||
 * TV || Panasonic || 669 || Luxury ||
 * Apple TV || apple || 149 || Luxury ||
 * Mac Book || apple || 1299 || Luxury ||
 * Curtains || IKEA || 32 || Necessity ||
 * Mini fridge || Emerson || 140 || Luxury ||
 * Pool table || Play craft sprint || 795 || Luxury ||
 * clock || Bravura large || 70 || Luxury ||
 * Microwave || whirlpool || 314 || Necessity ||


 * 1) =Why do people use credit cards? People use credit cards to buy things now and then pay later.=
 * 2) =What are advantages and disadvantages of credit cards? Advantages for using a credit card is you can buy things and then pay it later. Disadvantages for using a credit card is that you can lose it or someone can steal it and then buy stuff off your credit card.=
 * 3) =What do the following terms mean? credit card, principal, APR, simple interest, monthly payment. **Credit card**: May be used repeatedly to borrow money or buy products and services on credit. Principal: **Money you owe. APR:** Annual percentage rate. **Simple Interest: Money you pay extra to a bank to make money. Monthly payment: The amount you pay each month.**=
 * 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? It can help me by being ahead of my payments.=
 * 5) =What is the most important idea you have learned from this lesson? Saving money is an important thing to do in life.=