FinancingQuestionsHA


 * =Why do people use credit cards? They can Buy now and pay later . If you don't you just use your credit card and pay later.=
 * =What are advantages and disadvantages of credit cards? Buy now and pay later and the disadvantages are if you have bad credit there is a possibility you won't get the job=
 * =What do the following terms mean? credit card, principal, APR, simple interest, monthly payments. ARP is a bill. Simple Interest is interest payable only on the principal; interest that is not compounded. Credit card means buy now and pay later. monthly payments is Billing you get every month for what you have payed for with your credit card. =
 * =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? You should always send your money wisely not just on luxury.=