sign in • sign up
web | myLot | discussions | tasks | blogs | news | photos
homeinterestsdiscussionstasksblogsnewsmessages friendsphotosearningsmyLotquizzes

Dear mylotters, I need your help on something about personal finance. email this discussion to a friend?

myLot reputation of 95/100. laydee (3951)   ranked 55 out of 3,962 in thinker1 month ago

Here's the thing, this coming semester, I was tasked to create syllabus for a new subject called Personal Finance.

So, here I am wondering, with the broadness of the subject matter, what would you like to know if you were a student of such a course?

Can you list down at least 5?

Thanks for the help.

 
 
thinker
sponsors
100% Free Credit Score
3 in 1 Annual Free Credit Score. View Your Free Credit Score Now.
www.Free--CreditScore.com

Washington VIN History at Carfax
Don't spend $1,000s on a lemon - Get CARFAX Vehicle History Reports.
www.Carfax.com

Drop Rate To 1.5%
Late Mortgage&Bad Credit OK. Pay Less. Get A Better Mortgage Today.
MyModificationLoan.net

User has not selected a best response.
tags:  finance, personal finance, money
 
1. myLot reputation of 98/100. LovingLife139 (463)   ranked 365 out of 3,962 in thinker   1 month ago

Hi! I have studied personal finance in the past for my own benefit, and I have a few areas in the subject matter that were not only interesting but very helpful to learn.

1) Budgeting: How to figure out what you can afford and when. What is necessary? What is just desire? What are some ways to spend less on necessities? Are store brands really awful quality or are they just cheaper because they are the store brand? Etc.

2) The differences in varieties of savings accounts, checking accounts, IRAs, stocks, etc. How do you tell which is the best deal and the best idea for you and your financial situation? Pros and cons of each investment idea are always helpful.

3) Details of mortgages, loans, and credit. How does being late on a payment affect your credit and how does this affect you later? How to build credit to save money later on?

4) Credit cards: the pros and dangers of using one. You could even go through the amount of money you need to charge each month on a credit card to get maximum benefits for your credit score. Details of the maximum detriments by being ignorant to the dangers of credit cards would be nice as well. happy

5) How to ASSESS your financial situation. This is so important and yet so often overlooked. You cannot possibly know what investment is best or if you are ready for a credit card if you do not assess how you spend and what you spend money on. People need to learn their spending habits before they can control those habits and be savvy in personal finance.

Good luck!


myLot reputation of 95/100. laydee (3951)   ranked 55 out of 3,962 in thinker  1 month ago

Thanks this is great!

100% Free Credit Score 3 in 1 Annual Free Credit Score. View Your Free Credit Score Now. www.Free--CreditScore.com
 
sponsors
Dental Financing
Affordable Dental Financing. Even with Bad Credit. Apply Today.
www.myMedicalLoan.com

Great Variety of Washington DC Souvenirs
Great selection of Washington DC Souvenirs. We have shot glasses, caps, coins, mugs, bells, magnets, keychains, golfballs, photo frames, playing cards, mouse pads, sweatshirts and more.
www.pdsouvenir.com

Defense Finance 2010
March 25-26, Washington, D.C. - Get $200 off w/code 10479XZ54
www.defensefinanceusa.com

similar discussions
Do you want to start and set-up your own business?
Everyone of us has its own goal. A goal that we want to happen soon. Perhaps, to set-up a...
Is Fundable.com a scam?
I have been checking this site out for quite some time now and it certainly looks interesting....
sponsors
Dental Financing
Affordable Dental Financing. Even with Bad Credit. Apply Today.
www.myMedicalLoan.com
Great Variety of Washington DC Souvenirs
Great selection of Washington DC Souvenirs. We have shot glasses, caps, coins, mugs, bells, magnets, keychains, golfballs, photo frames, playing cards, mouse pads, sweatshirts and more.
www.pdsouvenir.com
return to mylot
We are loading a word from our sponsors. No thanks, cancel loading.