Your Destination: Saving money is excellent, but there is no point in putting all your money into a savings account or hiding it under the mattress. You want to make a portion of your money works for you. You will want to not only save but also grow your money …
Your Destination: You work hard, so it’s time to reward yourself! It often pays to wait for a sale, when you might be able to purchase that product at a much lower price. You can also buy a similar product or non-brand product with the same purpose to save money. …
Loans are okay if you have a good plan for paying them back. It is the same system for mortgages, credit cards or personal loans. Your Destination: A purchase APR is the rate consumers are charged. This is the rate of purchasing a product or service and paying interest over …
You will want to pay the total amount of the credit card’s statement balance to avoid being charged interest. It is a good idea to establish a credit score, which you can do by becoming an authorized credit card user for a family member or a friend. This will help …
Your Destination: For anyone to save money or know what to spend it on, you must distinguish between luxuries and necessities. Travel Kit: Necessary items are things you need to have like food, water, clothes, dishes. Luxury items are things you should buy when you have excess income after paying …
Your Destination: A checking account is the easiest way to track your expenses. You can check what you spend on and how much. Travel Kit: See handout Sample Savings Account Bank Statement, Traditional Checking Account: Things to Consider and Make a Sample Check Handouts. On the Path: Compare which account …
Your Destination: A basic savings account is a way for you to deposit your money and withdraw at any time. For example, if you want to save 10% of your income on a regular basis, you can deposit that money in a savings account. If you also have a checking …
Your Destination: One of the best ways to set yourself up for success is to finish whatever you start. Remember the bigger the goal the more time it may take. Do not get discouraged if you come across an obstacle; it takes you one step closer to your goal. Travel …
