Lesson 8: Are You Ready to Manage Your Future Interests?
From Dollars and Sense: Our Interest in Interest
In previous lessons, you have learned about the power of interest, as it is earned on savings and charged on unpaid credit card balances and installment loans. And in Lesson 7, you used that understanding to counsel others in economic distress.
As you plan your adult financial future, you, too, will be challenged to balance auto and home loans, credit card debt and expenses, with ongoing income and savings goals. Will you be ready?