Personal Finance including budget, education and insurance, U.S economics help
1. What is included in a personal budget? Why is a personal budget a useful tool?
(5 points)
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2. What are the main costs associated with higher education? Why might the financial burden of college actually be economically worthwhile?
(5 points)
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3. Choose one type of insurance. Explain what it is and why it is useful or necessary.
(5 points)
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4. How are debit and credit cards similar? How are they different?
(5 points)
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5. What does it mean to be a socially responsible consumer? Use an example to support your explanation.
