Tags: debt
Personal Finance for Teens
I found a new website that looks pretty helpful for teens who want to become money-savvy. >
What are the options?
What the heck are you going to do with yourself after high school? >
Small Payments Can Mean Big Costs When Borrowing
Here’s a situation you won’t encounter for a few years, but it’s never too early to begin learning how credit (borrowing) works. The main message is this: The longer you take to pay back what you owe on a credit card or loan, the more you’ll pay the lender in interest charges. In particular, if [...] >
Getting a Loan: A Responsibility to Be Taken Seriously
Borrowing money can be a great way to buy something now and pay for it over time. And yes, there are ways for a teen to borrow money. But there are some important things to remember if you borrow money. One is that borrowing usually involves a cost called “interest,” which is the fee to [...] >