What advantages & disadvantages do CD (Certificate of Deposit) have to regular savings accounts? Explain.
Advantages
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What do you already know about CD (Certificate of Deposit)? Explain.
I think it is like the first down payment to make sure you wont bag out of your investments. What do you already know about investments? Explain. What would you like to learn about investments? Explain.
I know that investments is putting your money into something that will help you in the future. I would essentially learn how to begin the process of investing. How do you know if you got the best deal on something you purchased? Do you go to different stores & comparison shop? Do you use an app or check the store's websites for the best deal? Explain why or why not.
I look in different stores for the same item and see who has the less price. Sometimes I use an app to show me the different prices. This test covered a month or so of material. How well did you remember everything? Was it easy or difficult for you? Were you surprised by your score? Explain.
I didn't really have to remember much because I had prior knowledge before and the test was easy I just rushed through and made a 80. I was really surprised with my score because I doubted myself heavily and thought I was going to fail. Which of these calculations is the easiest for you? Explain why.
Which of these calculations is the hardest for you? Explain why. Neither of these calculations are essentially hard for me because I am use to doing it because when we are in grocery stores my mom always ask me to calculate to see how much she will be paying for each item. Which do you prefer coupons or membership clubs to save money? Explain
I would prefer a membership because using coupons barely help you save money and with a membership you will get so much more than normal for a lower price. Which smart shopping tip from yesterday was the best in your opinion? Explain.
Creating a budget is a great tip that way you can monitor what you need to spend you money on. Do you consider yourself a smart shopper? Why or why not? Explain.
I consider myself a smart shopper because I look for the different ways that I can save money. I get the cheapest version of what i need. When it comes down to shoes they are al high tech so I need to save money in some places so I can use it towards my shoes. Which option do you think is better for you when you need a home- rent or buy? Explain why.
I think it is better to buy a home because you can pay it off and not worry about paying rent anymore however just as much as you spend paying rent you can been owned three houses. |
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