https://padlet.com/rblankenbeker/1qj9mjkkqdeg Financial Responsibility en-us 2017-09-10 19:19:25 UTC 2017-09-15 12:54:23 UTC hello@padlet.com rblankenbeker https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186339021 "Responsible use of a credit means paying the balance on your account in full each month".]]> 2017-09-11 12:53:31 UTC https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186339021 rblankenbeker https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186340820 "A great way to do this is when you get your paycheck - and before you pay your bills - pay yourself first. Put that money into a savings account. A good goal to save is 10% of each paycheck ".]]> 2017-09-11 12:57:26 UTC https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186340820 rblankenbeker https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186341006 This example of long-term money management explains how to properly save for retirement, one of the most important things to manage your money with.]]> 2017-09-11 12:57:51 UTC https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186341006 rblankenbeker https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186342534 "Most experts agree that you need to be able to support yourself financially for at least six months without an income". ]]> 2017-09-11 13:01:16 UTC https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186342534 rblankenbeker https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186342844 Six months is a long time, so it's important to properly manage your money in case of emergency that could happen today or in 10 years.]]> 2017-09-11 13:01:56 UTC https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186342844 rblankenbeker https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186343781 "If an emergency does force you to carry a balance on your card, living in a financially responsible manner means curbing your spending until that balance is paid of".]]> 2017-09-11 13:03:49 UTC https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186343781 rblankenbeker https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186343954 This is a example of short-term money management because you'll have to manage and live differently until you can pay off your credit card.]]> 2017-09-11 13:04:10 UTC https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186343954 rblankenbeker https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186345046 Paying the balance on your credit card every month is a very important short-term money management goal, since it gives a strong indicator of whether or not you're living within your means; if you can't pay off your balance in full and still have money left over, then you are spending too much.]]> 2017-09-11 13:06:28 UTC https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/186345046 rblankenbeker https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/187908910 After college, when my dad was looking to buy a house, he was approved for a house loan up to $225,000.00. Instead of spending it all he bought a house for $150,000.00 and didn't over extend himself. By understanding his limits my dad was able to make a responsible decision that would help him later in life, since he didn't have to pay as much on the house and could afford other necessities ]]> 2017-09-15 12:44:03 UTC https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/187908910 rblankenbeker https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/187909651 When my dad was a sophomore in college, he was given a certain amount of money to live on for the semester. But, he spent it all too fast and didn't have any money until the next semester. This is an important example of what not to do with money since it shows how being irresponsible can come back to bite you, especially when you have to live with no money for an extended period of time.]]> 2017-09-15 12:45:47 UTC https://padlet.com/rblankenbeker/1qj9mjkkqdeg/wish/187909651