Learn the basic information about budgeting.
Log in tammy.kempe591 a year agoPosted a year ago. Direct link to tammy.kempe591's post “what is a fluid” what is a fluid • (11 votes) Ginny Anderson Ferguson a year agoPosted a year ago. Direct link to Ginny Anderson Ferguson's post “Fluid means able to be us...” Fluid means able to be used to buy goods and services, like cash. Fluid assets are assets that can be converted into money. (32 votes) Barick 9 months agoPosted 9 months ago. Direct link to Barick's post “at what Age should I star...” at what Age should I start a Job/Invest and should I have multiple sources of income? • (4 votes) David Alexander 9 months agoPosted 9 months ago. Direct link to David Alexander's post “My friend, you should get...” My friend, you should get as much as you can from the schooling you're in while you're young enough to enjoy it for free. If having a job means that you need to cut back on schooling before you're 18, then maybe you should not have a job. After 18, schooling starts to cost. That's when you should get a job. As for investing... start by saving. There are lessons here about how to save and how to start an emergency fund. Until you have that emergency fund "full", you should not think about investing. I wish you the best as you grow. (35 votes) saithinli1997 7 months agoPosted 7 months ago. Direct link to saithinli1997's post “Does this course provide ...” Does this course provide the certificate? • (1 vote) David Alexander 7 months agoPosted 7 months ago. Direct link to David Alexander's post “No. This course does not ...” No. This course does not provide a certificate. You take it to learn and to grow, not to get a piece of paper. (22 votes) Maya.c 7 months agoPosted 7 months ago. Direct link to Maya.c's post “Why can debt be so hard g...” Why can debt be so hard get out of when you don't have a good paying job? • (3 votes) David Alexander 7 months agoPosted 7 months ago. Direct link to David Alexander's post “OK. Let's try to respond ...” OK. Let's try to respond to this in terms of the lesson on budgeting, where you've asked it (rather than imagine that you just randomly placed the question in this lesson). GIVEN: You are in debt. PROVE FOR: Why it is difficult to get out of debt. Step 1: Your job doesn't pay well. It is clear why the debt is not reduced. Question: (13 votes) John S. 8 months agoPosted 8 months ago. Direct link to John S.'s post “Do you have rules of thum...” Do you have rules of thumb for weighing the cost vs. the benefits of going into debt? The cost can be stated in dollars and cents, but the benefit often comes down to a subjective "want" that provides a short-term joy, but regret in the longer term. • (5 votes) 313462 8 months agoPosted 8 months ago. Direct link to 313462's post “I mean going into debt to...” I mean going into debt to buy something that only provides short-term joy is never a good idea. Maybe I've grown up in a really stingy environment, but that's how I see it. As for the benefits of going into debt, I believe it is totally fine to go into debt if what your spending your money on will help you in the long term. Like buying a house or a car for renting or personal use. (8 votes) Ashley Polston 10 months agoPosted 10 months ago. Direct link to Ashley Polston's post “How do people get in debt...” How do people get in debt so easy? • (2 votes) David Alexander 10 months agoPosted 10 months ago. Direct link to David Alexander's post “Many people do not want t...” Many people do not want to plan things closely. Many people prefer to "hang loose". Some people hope for a lucky break, or for things to "work out" in inexplicable ways. For many, buying some scratch off lottery tickets is more attractive than making and sticking to a budget. (12 votes) basto,gabriela 10 months agoPosted 10 months ago. Direct link to basto,gabriela's post “How can you avoid debt?” How can you avoid debt? • (2 votes) David Alexander 10 months agoPosted 10 months ago. Direct link to David Alexander's post “Buy only what you have mo...” Buy only what you have money for. Don't take a loan for a car, a house, a factory, farm or executive jet. Don't use a credit card, and don't subscribe to streaming services. In fact, get rid of your cell phone so that you won't be building up that kind of debt. Only use the wi-fi at the library. By doing these things, you'll avoid debt, but you won't have much of a social life. (2 votes) ghita.oubaita a year agoPosted a year ago. Direct link to ghita.oubaita's post “Can borrowing money be da...” Can borrowing money be dangerous? • (3 votes) David Alexander a year agoPosted a year ago. Direct link to David Alexander's post “If you have no way to pay...” If you have no way to pay the money back, it can be dangerous. HOWEVER, there are things in life for which you cannot save up enough money in advance. When it's time to buy a farm, a factory, a house or a car, you may need to borrow from the bank. (5 votes) Redstone a year agoPosted a year ago. Direct link to Redstone's post “what are some excellent i...” what are some excellent investments? • (2 votes) Prthvi a year agoPosted a year ago. Direct link to Prthvi's post “I guess that will depend ...” I guess that will depend on how much money you have. It cannot be same for every human because it will depend on how much moeny each Individual has. (4 votes) felfeli90 3 months agoPosted 3 months ago. Direct link to felfeli90's post “what does 20/30/40 mean” what does 20/30/40 mean • (2 votes) David Alexander 3 months agoPosted 3 months ago. Direct link to David Alexander's post “I believe that it might b...” I believe that it might be 20/30/50 (not 40), and it is well described in a different lesson. (3 votes)Want to join the conversation?
We'll use the format of a geometry proof.
GIVEN: Your job doesn't pay well.
Step 2: Your living expenses eat up all that you earn.
Preliminary conclusion: Your debt doesn't shrink.
Possible step to solution: Get higher pay at your job.
Possible step to solution: Get a better paying job.
Possible step to solution: Reduce living expenses.
Possible step to solution: Seek help outside the job / living expenses system (social services).
Possible step to solution: Seek charity.
Which, if any, of the possible solutions have you tried?
These are just my opinions, take them with a grain of salt.
Investments is also a very broad topic, you have to come up with a specic question for a investment.
