Retirement vs. Income

Linear growth is when you add the same amount of money to your account each day or year. On graphs, linear growth increases in a line because you are adding money in a similar and repeating amount. Exponential growth is growth that grows faster and faster every time,...

Budget

This budget showed me and taught me a few things. The first thing I learned is that you should spend your money on the basics and needed things before moving to the optional things. For example, you should buy your house before you buy a dog. When you do this, you can...

Rick Kid Smart Kid

The first game I played was Reno’s Debt Dilemma. In the game, there were three ways Reno could play without having any money. They were work to play, borrow to play, and invest to play. When you work to play, you have to work for a certain amount of time to get...

Career- Physicians

Physicians do many things including diagnosing injuries and illnesses. They take medical histories, prescribe medications, examine patients, and perform diagnostic tests. Physicians have to complete four years of undergraduate school, four years of medical school, and...

Building Wealth Over the Long Term

Today in class I learned about compound interest, loans, and how savings are important. I learned that when you put money in the bank, you get interest. Interest is a percentage of the money that you put in your account that the bank gives back to you. A loan is a...
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