The document provides advice on personal finance such as saving money for emergencies, paying off debt, minimizing credit card usage, paying for large purchases like cars and college in cash if possible, and donating to people in need rather than charities if one becomes wealthy. It recommends saving $25 from any income source and $500 in an emergency bank fund, avoiding loans for cars by paying in cash or using public transportation instead, and relying on part-time work to pay tuition costs.
The document provides advice on personal finance such as saving money for emergencies, paying off debt, minimizing credit card usage, paying for large purchases like cars and college in cash if possible, and donating to people in need rather than charities if one becomes wealthy. It recommends saving $25 from any income source and $500 in an emergency bank fund, avoiding loans for cars by paying in cash or using public transportation instead, and relying on part-time work to pay tuition costs.
The document provides advice on personal finance such as saving money for emergencies, paying off debt, minimizing credit card usage, paying for large purchases like cars and college in cash if possible, and donating to people in need rather than charities if one becomes wealthy. It recommends saving $25 from any income source and $500 in an emergency bank fund, avoiding loans for cars by paying in cash or using public transportation instead, and relying on part-time work to pay tuition costs.
preferably. I plan to save at least $25 from any source of income.
If you are in debt
youre going to want to get out. If youre not in debt wellgood stay out of debt
Since Im not in debt
Ill make sure to use a credit card to a minimum You want to pay for a car in cash. You dont want to take out a loan because well thats going to get you in debt! I will just take a bus/train.
Like paying for the car the same
applies to college. Its always best to pay out of pocket. Im going to have a part-time job during college which will pay for it, hopefully.
*PSA* No Leos were hurt during this assignme nt
Dont be like Leo here, cold,
when you gain wealth give some back to like charities and stuff. If I do actually become rich I will give the money to the people not charities. Charities steal the money.