1. Imagine if your reality at age 24 was that you were $70,000 in debt but your income was only $30,000. Write down some words describing how you might feel. I would feel really stressed and not want to go on with life
Explain how the "drive free" method of buying a car works? So instead of buying a new car you pay yourself 475 car payment for 10 months and you'll have enough to buy a used car and that just keeps multiplying until your rich and you never have a car payment again. Write an "I believe" statement regarding car loans? I believe that car loan are a bad idea and it's going to be really hard to avoid a car loan but if I budget and have discipline then I should be fine
1. Explain why insurance is an important part of your financial plan. Insurance should be a top priority in your budget because it's very important and if you don't have insurance and you go to the hospital the bill could be $14,000 and you would have to pay out of pocket and you would be done for
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