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 * ** How would **
 * You Spend $10,000 Dollars ** ||
 * ||  |||| Total Spent ||
 * ||  |||| ** $9,999.25 ** ||
 * ** Item ** || ** Description ** || ** Item Value ** || ** Luxury **
 * Necessity ** ||
 * Refrigerator || Samsung Family Hub 22.1-cu ft 4-Door Counter-Depth French Door Refrigerator || $3,698.00 || Necessity ||
 * Stove Top || Empava 24" Built-In Touch-Control Tempered Glass Cooktop || $276 || Necessity ||
 * Bed || BELCOURT BLACK 3 PC KING LATTICE BED || $500 || Necessity ||
 * Laptop || Rose Gold 12' inch MacBook || $1,299.00 || Luxury ||
 * Plates || White Plates || $22.69 || Necessity ||
 * Utencils || Forks, Spoons, Knives || $19.99 || Necessity ||
 * Washer/Dryer || Wash and Dryer in one || $1,169.99 || Necessity ||
 * Television || 55" Class (54.6" Diag.) - LED - 2160p - Smart - 4K Ultra HD TV - Black || $499.99 || Luxury ||
 * Pots and Pans || Cooks 12-pc. Stainless Steel Cookware Set || $49.99 || Necessity ||
 * Table || Better Homes and Gardens Ashwood Road Dining Table, Brown Cherry || $99.99 || Necessity ||
 * Microwave || GE 1.1 Cu. Ft. 950-Watt Stainless Steel Countertop Microwave Oven || $107.99 || Necessity ||
 * Toaster || Kitchen Smith by BELLA 2 Slice Toaster || $12.99 || Necessity ||
 * Lamp || Mainstays 71" Floor Lamp || $7.67 || Necessity ||
 * Chair || Solid Wood Spindle Side Chair || $78.00 || Necessity ||
 * Chair || Solid Wood Spindle Side Chair || $78.00 || Necessity ||
 * Chair || Solid Wood Spindle Side Chair || $78.00 || Necessity ||
 * Chair || Solid Wood Spindle Side Chair || $78.00 || Necessity ||
 * Curtains || Mainstays Blackout Energy Efficient Grommet Curtain Panel || $8.06 || Necessity ||
 * Whiteboard || Verona Melamine Markerboard w/ Aluminum Frame (24" W x 18" H || $24.99 || Luxury ||
 * Printer || HP Deskjet 1112 Color Inkjet Printer || $37.99 || Luxury ||
 * Containers || Pyrex Container Set || $34.99 || Necessity ||
 * Bed Sheets || Fox Sheet Set || $128.00 || Necessity ||
 * Towels || JCPenney Home™ Solid Bath Towels || $29.99 || Necessity ||
 * Night Stand || Millie Nightstand || $58.99 || Necessity ||
 * Wall Mirror || Décor Wonderland Frameless Deco Wall Mirror - 23.5W x 31.5H in. || $94.00 || Necessity ||
 * Headphones || Shure SE846 Sound Isolating Earphones, Clear || $1,000.00 || Luxury ||
 * Projecter || Epson PowerLite X27 2700 Lumens XGA 3LCD Projector || $450.00 || Luxury ||
 * Tapestry For Wall || Mandala Tapestry || $20.00 || Luxury ||
 * Charger for Phone || Apple Charger || $4.95 || Luxury ||
 * Chandlier || Designers Fountain 4254-PB || $31.00 || Luxury ||
 * USB || USB To Keep Informartion || $0.02 || Necessity ||


 * ||  APR = 15% || Compound || Interest ||
 * Principal || % per month || Amount Due || Payment ||
 * $10,000 || 1.25% || $10,125 || $100 ||
 * $10,025 || 1.25% || $10,150 || $100 ||
 * $10,050 || 1.25% || $10,151 || $100 ||
 * $10,051 || 1.25% || $10,152 || $100 ||
 * $10,052 || 1.25% || $10,153 || $100 ||
 * $10,053 || 1.25% || $10,154 || $100 ||
 * $10,054 || 1.25% || $10,155 || $100 ||
 * $10,055 || 1.25% || $10,156 || $100 ||
 * $10,056 || 1.25% || $10,157 || $100 ||
 * $10,057 || 1.25% || $10,158 || $100 ||
 * $10,058 || 1.25% || $10,159 || $100 ||
 * $10,059 || 1.25% || $10,160 || $100 ||
 * $10,060 || 1.25% || $10,161 || $100 ||
 * $10,061 || 1.25% || $10,162 || $100 ||
 * $10,062 || 1.25% || $10,163 || $100 ||
 * $10,063 || 1.25% || $10,164 || $100 ||
 * $10,064 || 1.25% || $10,165 || $100 ||
 * $10,065 || 1.25% || $10,166 || $100 ||
 * $10,066 || 1.25% || $10,167 || $100 ||
 * $10,067 || 1.25% || $10,168 || $100 ||
 * $10,068 || 1.25% || $10,169 || $100 ||
 * $10,069 || 1.25% || $10,170 || $100 ||
 * $10,070 || 1.25% || $10,171 || $100 ||
 * $10,071 || 1.25% || $10,172 || $100 ||
 * $10,072 || 1.25% || $10,173 || $100 ||
 * $10,073 || 1.25% || $10,174 || $100 ||
 * $10,074 || 1.25% || $10,175 || $100 ||
 * $10,075 || 1.25% || $10,176 || $100 ||
 * $10,076 || 1.25% || $10,177 || $100 ||
 * $10,077 || 1.25% || $10,178 || $100 ||
 * $10,078 || 1.25% || $10,179 || $100 ||
 * $10,079 || 1.25% || $10,180 || $100 ||
 * $10,080 || 1.25% || $10,181 || $100 ||
 * $10,081 || 1.25% || $10,182 || $100 ||
 * Your spreadsheet above does not show much much to pay each month to pay off the principal and interest in 3 years.**


 * Where are the definitions of the terms below?**
 * discretionary spending
 * net worth
 * giving
 * savvy shopping
 * budget
 * debt
 * credit card pros and cons
 * debit card pros and cons
 * borrow and downpayment
 * APR
 * credit score
 * public and private colleges


 * Making only the minimum monthly payment will get you out of debt quicker? True or False. Justify your answer with examples.
 * The higher the interest rate, means you will pay less interest in the long run? True or False. Justify your answer with examples.
 * Paying down on the principal will get your out of debt faster? True or False. Justify your answer with examples.
 * You should pay off your credit card bill every month? True or False. Justify your answer with examples.

=**Questions:**=


 * 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, compound 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?=