Consumer Fraud

If something sounds too good to be true, Its most likely consumer fraud. If there is ever a contract be sure to read carefully through it. Always ask about refund policies.

Financing Higher Education

Today I learned Three most common Financial Loans Loans, Stafford & Plus. There are 5 steps you need to take to get into college.

Credit Score

Applying for new credit accounts up to 10% of your credit score, even if you don't use the card. You need to pay at least the minimum payment. If you don't your card company may mark it down as a missed payment. You also don't need to restrict yourself to just one card, but try not opening credit cards too often.

Savings

I learned there are many ways to save your money. For example you can start up a savings account, checking  account and CDs. You could save for retirement if you plan on retiring anytime soon. If you save money for a long time in the bank you get compound interest.

Banking

There are plenty of banks to choose from. You can store your money in banks. You can make a Deposit or make a withdraw. The Federal Reserve makes sure nothing happens to your money that you put into the bank.

Payment, Interest Rates and Credit Cards

I learned about Payments, Interest Rates & Credit Cards. I know a lot more about credit cards now so i could be more sure about buying the credit Card that fits me. Paying your credit Card on time is extremely important as well.

The American Dream - Understanding Money and the Banking System

People need to understand Money and the banking system and I recommend this video for it.