Journal #7
Explanation of Journal #7
You will need to watch the video titled "Cash, Credit and You" before
answering the following questions. Feel free to go back and re-watch the section that pertain to credit accounts
Question
1. In the movie "Cash, Credit and Your Future" how many credit cards to they recommend a person have?
2. One of the "award winners" (Ryan) was selected because he knew the "two good reasons" when it was appropriate to use his credit card. What are the "two good reasons" to use a credit card?
3. Why is it important to read the fine print of a credit card offer?
Kelsey Quickle
ReplyDeleteOne Credit Card
Good Credit History
Emergencies
Because you'll know if they charge yearly of monthy fees.
adam gaver
ReplyDelete1.recommended 1 credit card
2.because the money is brought straight to your card and another was so that it saves a trip to the bank to get money
3.because its important to know about what your purchasing
Kasey weisenbarger
ReplyDelete1. at least 4
2. to buy things and to hold money easier
3. to see if it fits you the best
Luis Ramirez
ReplyDelete1-you should have one credit card
2-1 good reason to have a credit card is to get good credit history
2- good reason so if you ever get a loan the person you you asked well have a better chance to say yes
3- so you may not have to pay for interset rate
Levi Boettcher
ReplyDeletethey recommend 20 credit cards. The two good reasons to have a credit card is because if you need to pay for something you can use a credit card instead of money, also if you happen not to have money with you you can use the credit card.
It is important to read the fine print because you dont want to be offered something that isnt real or good in your opinion.
Devin Trent
ReplyDelete1. They recommend a person to have 1 credit card.
2. The best reason to have a credit card is to establish a good credit history. It also could save you thousands of dollars on stuff like car loans
3. It is important to read the fine print of a credit card offer because you might not know all the charges that could cost you for having a credit card.
Kyle Beavers
ReplyDelete1.) 1 card
2.) Credit Score, and Emergency
3.) The interest and the interest rate
Bailey Ullah:
ReplyDelete1.) One Credit Card
2.) Good Credit History and Emergencies
3.) To see what fees you will have to pay, if you sign up
Question 1.) 1 Credit Card
ReplyDeleteQuestion 2.) Reason 1 is Establish a good credit history. Reason 2 is big emergencies.
Question 3.) It might charge a monthly or yearly interest payment
Kaleb Bowdle
ReplyDeleteThey Recommend 1 credit card. One Reason is to establish a good credit history so if you were going to get a loan the person giving you a loan will have a better chance of saying yes. The other reason is in case of big emergencies. It is important to read the fine print is so you don't have to pay as much interest rate.
Miranda Layne;
ReplyDeleteYou should only have 1 credit card.
Two good reason to have a credit card are to establish a good credit history and to have money for emergencies.
It's important to read the fine print because you might sign up for a credit card and it might charge a application yearly interest payment.
Owen Moyer
ReplyDeleteThey recommend that you have one credit card
Two good reasons to have a credit card , money for emergencies and credit history
Its important to read the fine print is so you don't have to pay as much interest rate .
1. They recommend only having 1 credit card.
ReplyDelete2. To have a good credit history and for emergencies.
3. Credit card companies may charge huge fees that you won't even notice until it's too late.
Herbie Jackson You should have one credit card.
ReplyDeleteTwo good good credit history and have money for emergencies.
you might sign for a credit card and it might charge you a application yearly interest payment.
Cortney Kiser
ReplyDeleteThe video suggests one credit card per person. One reason was so you have good credit history for loans in the future. Another reason is for emergencies if you get into an accident out of town. It is important you read the fine print so you know about any fees the company doesn't tell you.
Damion Mendoza
ReplyDeleteIt's important to read the fine print becuase if you don't you can get screwed out of money and have to pay stuff you would not want to
1. They recommend a person to have 1 credit card.
ReplyDelete2. The best reason to have a credit card is to establish a good credit history. It also could save you thousands of dollars on stuff like car loans
3. It is important to read the fine print of a credit card offer because you might not know all the charges that could cost you for having a credit card.
Magdaline Perry
ReplyDeleteYou should have only one credit card.
One good reason to have a credit card is so you can establish a good credit history and another reason is for emergencies.
You should always read the fine print because you may sign up for credit card and it may charge a application yearly interest payment.
Kim Asper
ReplyDelete1. only have one credit card
2. good credit history, emergencies
3. there might be some fees involved with your credit card
Logan Rooney
ReplyDeleteYou should only have 1 credit card
Two reasons are that you can establish a good credit history and to have money in case of an emergency
Its important to read fine print because you could sign up for a credit card and there might be charges such as a yearly interest payment.
Sierra Cozad
ReplyDeleteOne Credit Card
Good Credit History
Emergencies
Because you'll know if they charge yearly of monthy fees.
Kayla Evans
ReplyDeleteYou should only have 1 credit card.
Two great reasons to have a credit card is in case you have emergencies and you need to have money to pay anything. Another good reason is because you can establish a good credit history.
It's important to read the fine print because you might sign up for a credit card and it might charge a application yearly interest payment.
Elizabeth Christian
ReplyDeleteOne credit card
Two good reasons to use credit card: Good credit history and big emergencies
Read the fine print because you could sign up for a credit card it might charge more in the future than in the present.
Brandon Vogel
ReplyDelete1.) One Credit Card
2.) Good Credit History and Emergencies
3.) To see what fees you will have to pay.
Jordan Norris
ReplyDeleteOne good credit card
Good credit history, emergencies
Its important to read fine print because you might sign up for a credit card and it might charge hidden fees.
Rachel Pickering
ReplyDelete1.) you should have one credit card
2.) A good credit history and emergencies
3.) It's important to read the fine print when you sign up for a credit card because there might be charges such as yearly interest fee
Jonathon Nelson
ReplyDelete1.) 1 card
2.) Credit Score, and Emergency
3.) The interest and the interest rate
Alex Swank
ReplyDelete1 credit card was recommended
Two reasons to have a credit card is that you can tack up a good credit history which will in turn bring up your credit score. you should know what you are purchasing, also to see what fees you will have to pay
Leslie Saylor
ReplyDelete1.)One Credit Card
2.)Good Credit History
3.)Emergencies
4.)Because you'll know if they charge yearly of monthy fees.
-You are recommended to only have one credit card.
ReplyDelete-Good credit and emergencies.
-You should read the print because there could be unwanted charges or fees.
Janae Booze
ReplyDeleteHave one Credit Card
Two good reasons to have a credit card is for emergencies and so you have good credit card history.
Its important to read the fine print because if you get a credit card and you don't peruse the fine print then you may get charged.
Bronwyn Walker
ReplyDelete1: In the video they recommend that you only have one credit card
2: Ryan's two good reasons of when to use a credit card are
- In an emergency
- To build good credit history
3: It is important to read the fine print because you could agree to something that you do not want to pay for/ do without knowing because it was explained in the fine print
taylor bass
ReplyDeleteOne Credit Card
Good Credit History
Emergencies
because they may charge you yearly or monthly fees
Kileigh White
ReplyDeleteOne good credit card
Two great reasons to have a credit card is in case you have emergencies and you don't have enough cash with you at that time anything. Another good reason is because you can have a good credit history.
It's important to read the fine print because you might sign up for a credit card and it might charge a application yearly interest payment and they might charge you yearly or monthly fees.
Jessica Huffman
ReplyDelete1. One credit card
2. Good Credit history
3. Emergencies
Because they may charge you yearly or monthly fees
Libby Arnett
ReplyDeleteYou should only have one credit card
A good reason in having a credit card is so you can establish a goo credit history another reason is for emergencies
It is very important to read the fine print because you may have to sign up to a credit card. they might be charge a application a yearly interest payment.
Max Jenks
ReplyDeleteat least one
good credit history
emergencies
because they may charge you yearly or monthly fees
Gillian Taylor
ReplyDeleteIt is recommended to have at most, 1 credit card.
Its is good to have these for emergencies in which case you NEED money, and it keeps your credit history good, which can benefit you in many ways.
You need to read the fine print because it could charge you yearly or monthly fees as interest.
Malachi
ReplyDelete1) one credit card
2)good credit history
3)emergencies
Cassidy James
ReplyDeleteOne credit card
You buy stuff without using cash to buy something and you can buy stuff online
it is important so you know that your not getting ripped off
Addison Ropp
ReplyDeleteOne Credit Card
Good Credit History
Emergencies
Because you'll know if they charge yearly of monthy fees.
Abe Angles
ReplyDelete1. 1 Credit Card
2. Emergencies & Good Credit History
3. Because you need to know what you are buying
1. At least one credit card.
ReplyDelete2. 1. A good credit history.
2. Emergencies
3. The Credit Card Company might charge application fees, monthly fees or yearly fees that may go up incredibly and fast.
Maya Blankenship
ReplyDelete1. They recommended one credit card
2.Emergencies and so it's not as easy to lose large amounts of money
3. So you know how much you'll be charged and if it's worth getting the card.
Sierra ross
ReplyDelete-Recommended to have one credit card.
-Good credit history
- Its important to read the fine print to see if there are any unwanted charges
one credit card
ReplyDeleteout standing credit score
they could charge outrageous internist fees
Haley Quesinberry
ReplyDelete1. One credit card is recomended.
2. To have good credit and emergencies
3. They need to read the fine print so they can make sure there not getting ripped off.
Cammie Starkey
ReplyDeleteOne credit card
Good credit history and being able to buy things without cash
It is important because you will know if they are charging you yearly or monthly fees
Shania Jones
ReplyDelete1.1 card
2.Good credit history,emergencies
3.So that the people are not taking your money
Morgan Bandy
ReplyDelete1.) One credit card
2.) Good credit history
3.) Just in case you need money!
4.) Its good to read the fine print because they might sign you up for yearly extra fees!
Stan Gilliam
ReplyDeleteYou need good credit card history, and one credit card and emergency.
Baylee Orme
ReplyDeleteOne Card.
Two reasons are: credit history, emergencies
there could be unwanted charges and fees.
Katie Marie Ethridge
ReplyDeleteone card.
reasons-
1.) Good credit history can same you money
2.) for emergencies
You need to read the fine print because they might have unwanted fees other cards may not have.
Nicole Brumbaugh.
ReplyDeleteOne Card-
Reasons:
1.) Credit History ( If good, can save you money )
2.) One Credit card.
Trevor Johnson
ReplyDelete1.) You should have only one credit card.
2.) You should have a credit card so you can improve your credit score so you can save money.
3.) You need to read the fine print because you need to know all of the expenses and terms of the credit card.
You should only have 1 credit card. Two good reasons for using a credit card would be for good credit history in case you ever needed a loan. Also, you should use a credit card in case of an imergancy,
ReplyDeleteYou need to read the fine print because you may get charged.
Tate harrigan
ReplyDelete1.They recommend 1 card
2.Good credit history and for emergencies.
3.Charge huge fees that you don't know about