Friday, October 25, 2013

October 25 - Online Discussion Question: Brea

Post a thought provoking question for your classmates to discuss about any material covered in Unit 1.

13 comments:

  1. What are the benefits of following the five Baby Steps we've learned so far? Which one do you think is most important?

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    Replies
    1. The benefits of following the steps that we have learned so far are:

      1. Knowing where to start your "money makeover" and not being overwhelmed.

      2. Being prepared for an monetary emergency.

      3. Getting out of debt and start investing.
      I think just knowing where to start is the most important because you will actually start!

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  2. 1) knowing what to do with your money so you have some saved up for purchases and so you don't go into debt

    2) debt snowball

    {travis}

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  3. 1) getting out of debt
    2) knowing how to start investing
    3) being prepared for an unexpected emergency
    I agree with Molly, just knowing where to start is very important.

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  4. 1) Knowing where your money is going and how it's growing
    2) being prepared for emergencies, retirement, etc
    3) Starting and understanding investing right now instead of later.
    Starting, again, is basically the most important part, cause if we start later we'll regret it.

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  5. #1 Getting rid of debt.
    #2 Start investing imminently.
    #3 Being prepared for the future. (retirement emergencies, etc, etc.)

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  6. The biggest benefit is knowing what you are doing with your money instead of just throwing it around or doing nothing with it.
    Start saving and getting out of debt are the top 2.

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  7. The biggest benefit is having a plan of how to 'Live like no one else' in the future.
    I agree with Kelsey, start saving and getting out of debt are the top 2.

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  8. A big benefit is knowing how to live like no one else so that you can live like no one else.
    I agree with Kelsey and Jonathan. Saving and getting out of debt are the top two most important.

    Autumn

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  9. The benefits would be
    Knowing were to put your money
    Having a fall back plan
    Getting rid of debt
    The most important would be getting rid of debt
    Adam

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  10. 1. being smart when investing
    2. being prepared for emergencies
    3. getting out of debt

    getting out of debt is the most important

    eyezik

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  11. 1. The benefits are having money for emergencies in case something happens, not having to worry about paying off debt and interest, and being prepared for a comfortable retirement.
    2. If I had to pick one (which is hard) I would have to say being prepared for emergencies, if you arent prepared for a big medical bill, car repair, ect, even the smallest things can put you under big time and it can take you a very long time to get back on your feet.

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  12. 1) knowing what to do with your money and knowing to get an emergency fund set up.
    2) knowing how to save for college.
    3) knowing how to set up a retirement plan.
    the most important thing is learning how to retire well.

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