YourNewHomeGRI

People use credit cards because they can buy what they want when they want, easier to use, and many other reasons. Advantages: Easy to use, purchase protection, low cost loans, and instant cash. Disadvantages: Allows impulse spending, there is paperwork, high cost fees, and unexpected fees. credit card: a small plastic card that is used to buy things that you agree to pay for later
 * ** Item ** || ** Description ** || ** Item Value ** || ** Luxury **
 * Necessity ** || ** Online Source ** ||
 * Couch || Dorel Living Small Spaces Configurable Sectional Sofa, Gray || 325.5 || Necessity || __ http://www.amazon.com/Dorel-Living-Spaces-Configurable-Sectional/dp/B011A2TSHM/ref=sr_1_19?ie=UTF8&qid=1461775668&sr=8-19&keywords=couch __ ||
 * PS4 || glacier white || 395 || Luxury || __ http://www.amazon.com/PlayStation4-Glacier-White-CUH-1200AB02-playstation-vita/dp/B0109ID95U/ref=sr_1_2?s=videogames&ie=UTF8&qid=1461776192&sr=1-2&keywords=white+ps4 __ ||
 * Television || TCL 50FS3800 50-Inch 1080p Roku Smart LED TV (2015 Model) || 398 || Luxury || __ http://www.amazon.com/TCL-50FS3800-50-Inch-1080p-Smart/dp/B00VVKCA9C/ref=sr_1_1?s=tv&ie=UTF8&qid=1462300003&sr=1-1-spons&keywords=50+inch+tv&psc=1 __ ||
 * Bed || Olee Sleep 6 In 3 Layer Ventilation Memory Foam Mattress (Queen) 06FM01Q || 149 || Necessity || http://www.amazon.com/Olee-Sleep-Ventilation-Mattress-06FM01Q/dp/B012J8BOAU/ref=sr_1_1?s=furniture&ie=UTF8&qid=1462300670&sr=1-1-spons&keywords=queen+mattress&psc=1 ||
 * iPad || Apple iPad Air 2 MH0W2LL/A 10-Inch 16GB HDD Tablet || 414.28 || Luxury || http://www.amazon.com/Apple-iPad-MH0W2LL-10-Inch-Tablet/dp/B00OTWOAAQ/ref=sr_1_1?ie=UTF8&qid=1462300812&sr=8-1&keywords=ipad ||
 * desk || Altra Stanley Deluxe Parsons Desk, Black Oak || 93.53 || Necessity || http://www.amazon.com/Altra-Stanley-Deluxe-Parsons-Black/dp/B007TLKL8O/ref=sr_1_6?ie=UTF8&qid=1462301198&sr=8-6&keywords=desk ||
 * bed set || Geneva Home Fashion 7-Piece Ella Pinch Pleat Comforter Set, Queen, Grey || 99.99 || Necessity || http://www.amazon.com/Geneva-Home-Fashion-7-Piece-Comforter/dp/B00NJG4I0A/ref=sr_1_10?ie=UTF8&qid=1462301419&sr=8-10&keywords=bed+set+queen ||
 * dish set || Mikasa French Countryside 45-Piece Dinnerware Set, Service for 8 || 499 || Necessity || http://www.amazon.com/Mikasa-Countryside-45-Piece-Dinnerware-Service/dp/B000I5OTYK/ref=sr_1_1?s=kitchen&ie=UTF8&qid=1462301534&sr=1-1&keywords=dish+set ||
 * silverware || Oneida Michelangelo 52-Piece Flatware Set, Service for 8 || 389.99 || Necessity || http://www.amazon.com/Oneida-Michelangelo-52-Piece-Flatware-Service/dp/B000QX244Q/ref=sr_1_5?s=kitchen&ie=UTF8&qid=1462380513&sr=1-5&keywords=silverware ||
 * dresser || Delta Children Universal 6 Drawer Dresser, Black || 222.16 || Necessity || http://www.amazon.com/Delta-Children-Universal-Dresser-Espresso/dp/B0069209FY/ref=sr_1_4_a_it?ie=UTF8&qid=1462380663&sr=8-4&keywords=dresser ||
 * rug || Cozy Shag Collection Cream Solid Shag Rug (6'7"X9'3") Contemporary Living and Bedroom Soft Shaggy Area Rug || 159.99 || Luxury || http://www.amazon.com/Sweet-Home-Stores-Collection-Contemporary/dp/B00W681BDY/ref=sr_1_1?s=home-garden&ie=UTF8&qid=1462380820&sr=1-1&keywords=rug ||
 * lamps || Safavieh Lighting Collection Rafferty White and Cream Base Table Lamp, Set of 2 || 184.95 || Necessity || http://www.amazon.com/Safavieh-Lighting-Collection-Rafferty-White/dp/B00OV7U8TQ/ref=sr_1_25?s=home-garden&ie=UTF8&qid=1462380989&sr=1-25-spons&keywords=lamp&psc=1 ||
 * pots and pans || All-Clad Copper Core 5-Ply Bonded Dishwasher Safe Cookware Set, 20-Piece, Silver || 2099.99 || Necessity || http://www.amazon.com/All-Clad-Copper-Dishwasher-Cookware-20-Piece/dp/B01ASD3HOY/ref=sr_1_1?s=home-garden&ie=UTF8&qid=1462381164&sr=1-1&keywords=pots+and+pans ||
 * fridge || Frigidaire FFHS2622MB 26 Cu. Ft. Side-By-Side Refrigerator - Black || 1059 || Necessity || www.amazon.com/Frigidaire-FFHS2622MB-Side---Side-Refrigerator/dp/B0057Z1JAS/ref=sr_1_22?s=home-garden&ie=UTF8&qid=1462381327&sr=1-22&keywords=refrigerator ||
 * =Why do people use credit cards?=
 * =What are advantages and disadvantages of credit cards?=
 * =What do the following terms mean? credit card, principal, APR, simple interest, monthly payments=


 * =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?=
 * =What is the most important idea you have learned from this lesson?=