Money Matters

1. Why might people refer to student loans as "good debt"? People might refer to student loans as good debt because you don't have to pay until you graduate from college and the dream is that you'll be making tons of cash to pay that off. But that usually isn't how it goes in a perfect that would work. 

1.What is your plan for after high school graduation? My plan after high school is to get my masters in Biomedical Engineering and try not to get into a lot of student debt but it's gonna be hard to do but that's all the planning I've got 

1. Not every career requires a four-year degree. Have you researched the education requirements for your career of choice? If so, what education options do you have? If not, research the education requirements for your career choice(s) and write them in your journal. Yes. For me to be a biomedical engineer I need to take mainly math's and science's and I need at least a 4 year degree to get an entry level job and a master's or higher is recommended 

1. Explain why the credit industry wants you to believe that you need a credit score. The credit industry wants to make money off of interest from you using their card. They are robbing you of your money and they trick you into going into debt

1. What does a credit score measure? a fico score is a I love debt score its based on how much debt you have and what type of debt you have how long you've had it how much have you had in the past 

1. Explain the difference between a credit card and a debit card. a debit card is a card directly connected to someones bank account and when it is use and it uses the money you have in your bank account. A credit card is borrowing money from a credit union of some sort and you have to make small payments to the company with some interest and the purpose is meant for emergencies only but america uses them for everything. 

Walmart's strategy to solve the Amazon puzzle is working. By:Nathaniel Meyersohn https://www.cnn.com/2018/10/19/business/walmart-stores-grocery-pickup-amazon/index.html October 19,2018 Walmart is trying to stay on top to be the largest retailer in the world.They are spending a lot more on digital trendy brands. They way they are doing that is offering cheaper convenient way for its low and middle class friendly and at the same time drawing wealthier people with higher class brands. Walmart sales are projected to go up 40% and online growth by 35 % 

Explain why is it better to take out a 15 year loan than a 30? The reason it is better is because in the long run and you save 140,000 on house which is a lot of money which you could use on other things

1. Explain why leasing a car is a bad idea. Leasing a car is a bad idea if you middle class or below because you lose so much value and you end up oweing more than the car is worth