2. Make your money work for you
The boy had a nice job and was making good money but didn't save it. He took out the money and bought a big screen t.v. and he needs to learn to save the money for groceries and things so he has that.
3.Digging out of Debt
The college girl who worked at applebees went to college and the fines built. She was in debt. When your in debt you need to save and not go spend money on the little things like coffee because in the long run it adds up and it can get you in trouble! Most college kids are in debt and need to manage their money but priority. Credit Card debt came up on her too
4. Start Saving
D. Woods was a part of Danity Kane and was making money but still had to learn how to manage and save it. Even if you are a star and making decent money you need strategies to help manage it. When you make a lot of money like that and go spend it on a big house, clothes, and other things that aren't necessary it builds up and eventually lead to debt.
5. Get Insured
When the lady finally got her job and could afford for pay for her bills and kid and baby on the way finally she thought that if i have the money dont go out and spend spend spend on things that you donnt need start spending it on insurance: for you house, kids, youself, cars and more because if you do that and get insured if something ends up happening then you dont have to pay a lot more then you did if you did have insurance. Its being safe.
6. Do it Yourself
When the guy starts his own business sure you make good money because your the owner and are sometimes the only employee but you also have downfalls the nececities for the business and if more people work for you then you have to make sure they have what they need and are getting paid. So sure its nice to own your own business but there are certain downfalls
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Good job!
ReplyDeleteMr. F.