Personal Financial Literacy

Calculate the lifetime incomes of an engineer and a mathteacher. Assume a career of 25 years.

Interest might be charged on the borrowed amount if the amount is not fully repaid.

Always pay your credit card and keep a low balance. 

Take out a student loan to pay for college. 

Who will have the lower credit score?

Negative credit actions will usually remain your credit report for only 7 years. 

Question in the picture. 

Question in the picture. 

Question in the picture. 

Borrow more money than you can repay.

Allows the user to withdraw cash.

The purchase amount is immediately removed from a linked account, such as a checking account. 

Question is in the picture.

Paying bills on time. 

Allows payments to be made in the future. 

Mrs. Ashcraft makes all of her credit card payments on time and keeps her balance low.