NewHomeicsHM15

=Questions:=
 * 1) =====**Why do people use credit cards?-** Some people use credit cards when they don't have the money to pay for something at the time. They may save up and pay for it later.=====
 * 2) **What are advantages and disadvantages of credit cards?-** Some advantages of credit cards are being able to buy something and pay later, being able to keep track of your savings, not having the hassle of paying on the spot, and being able to save your money. Some disadvantages of credit cards are unexpected fees, having a large debt, having high interest rates, and blowing your budget.
 * 3) **What do the following terms mean? credit card, principal, APR, simple interest, monthly payments-** A credit card is a payment that allows you to buy something and pay later. Principal is the money originally invested or loaned. APR means the interest rate for a whole year rather than a monthly fee or rate. Simple interest is determined by multiplying the interest rate by the principal by the number of periods. Monthly payments is the amount paid each month towards the principal and interest amount of a loan.
 * 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?-** Knowledge of these math calculations can help me keep track of my debt and help me to manage/track my money.
 * 5) **What is the most important idea you have learned from this lesson?-** The most important idea that I have learned from this lesson is ways to manage my money.


 * ** How would **
 * You Spend $10,000 Dollars ** ||||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * ||  |||| Total Spent |||| Total Remaining: ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * ||  |||| ** $9,976.00 ** |||| ** $24.00 ** ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * ** Item ** || ** Description ** || **Item Value** || **Luxury**
 * Necessity** || ** Online Source ** ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Refrigerador || black kenmore mini refrigerador || $110 || Necessity || __ [] __ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Television || 60 inch vizio LED tv || $750 || Luxury || __ [] __ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Stove || black electric stove || $488 || Necessity || __ [] __ ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * TV stand || fireplace tv stand for 48 inch tv's || $158.00 || Luxury || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Couch || small, black sofa || $377.00 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Dishwasher || top control, stainless steal dishwasher || $698.00 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Pillow || 16 inch peacock pillow || $33.00 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Lamp || 46 inch floor lamp || $20.00 || Luxury || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Washer || white kenmore washing machine || $350.00 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Dryer || amana electric dryer || $300.00 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Microwave || kenmore steel countertop microwave || $240.00 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Chair || black leather executive office chair || $500.00 || Luxury || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Desk || ameriwood executive office desk || $158.00 || Luxury || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Printer || color inkjet printer || $30.00 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Table || abbyson walnut wood dining table || $518.00 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Bed || sauder parklane twin bed || $99.00 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Reclining Chair || threshold nolan recliner || $300.00 || Luxury || [|http://www.target.com/p/threshold-nolan-recliner/-/A-13635123#prodSlot=_1_1] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Mirror || 58 by 24 bronze framed mirror || $346.00 || Luxury || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Bed || belcourt dark cherry king bed || $550.00 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Dresser || belmar white dresser || $600.00 || Luxury || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Armoire || muscatto 8 drawer armoire || $270.00 || Luxury || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Chandelier || 2020 kichler chandelier || $230.00 || Luxury || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Nightstand || summertime white and maple nightstand || $78.00 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Xbox 360 || microsoft 4 gb xbox 360 || $180.00 || Luxury || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Chairs || clear casper dining room chairs (set of 4) || $360.00 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Computer || apple macbook air || $846.00 || Luxury || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Bean bag bed || eight foot oval bean bag bed || $327.00 || Luxury || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Blender || black ninja professional blender || $100.00 || Luxury || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Silverware || michael lloyd stainless 45 piece set of silverware || $130.00 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Fireplace || dimplex tamora 23 inch electric fireplace || $580.00 || Luxury || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Bowls, cups, and plates || johnson brothers devon's cottage 20 piece dinnerware set || $120.00 || Necessity || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Hammock || island bay 13 foot hammock || $130.00 || Luxury || [] ||  ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||   ||