Day 5 - Video 2.1

Day 5 - Intro to Personal Finance

• Watch video 2.1
• Answer these questions:
• What is the difference between buying and borrowing?
• What is the difference between a "need" and a "want"?
• What does delayed gratification mean?
• Describe the financial situation of most normal people:
• Who is responsible for your financial situation?
• Which class is the most important class you will ever take?
• Under what situation should you use a credit card?
• What is wealth?