Week 16

I met this weeks objective by learning about the different types of insurance. The six different types of insurance Life Insurance, Health  Insurance, Property Insurance, Disability Insurance, Liability Insurance and Retirement Insurance. I learned that you need to have health insurance.

 

Week 15

I met this weeks objective by understanding insurance values and the why you need to have liability insurance. I also learned that when you have a car is required t

hat you have insurance by law.

Week14

I met this week objective by learning how to understand bankruptcy and when to file it. I also learned about student loans and identifying credit history and how things affect your credit score.

 

Week13 Personal Finance

This weeks objective I learned about the 5'c's of credit. I also learned about what they were and why they were important. The 5cs of credit are Character, Conditions, Capacity, Capital and Collateral.

Week 12

I met this week objective by understanding

 

What are equities or stocks and mutual funds? and

What are entrepreneurs and how do you become one? An entrepreneur is a person who starts and owns their own business.  Advantages of being Entrepreneurs

Control Your on Income

aving Control over Your schedule

Recognition

 

Week 11 Personal Finance

This week I learned about short-term and long-term goals for vehicles.  I also learned about compound interest and what the formula for compound interest was. I learned about the relationship between risk and return. "The greater the risk the bigger the return.

 

 

Week 10

This week I learned about what is a physical asset and I also learned about Budgeting for saving and save. I met this week objective by listening and understanding the difference between saving and save.

Savings gives you security and a peace of mind

Budge