A Plan For A Building A Structure Plan Essay

1016 Words Dec 14th, 2015 5 Pages
CManaging and hadling personal finances and budget will prepar you for life. Maintaining a budget is essential because it helps you be finically free to do what you like and not worry about bills and responsibly manage your money. Paying bills and house hold expenses are a necessity of life so it 's important to know, understand and manage your money correctly. Building a structure plan will help you achieve finical independence.

Credit cards are used to buy things and pay for them little by little and pay it off over time. Credit is loan used to buy but you must pay it back to the bank little by little. Some banks or issuers of credit cards may charge a small fee for their cards. They also provide "courtesy" checks to customers. Charge cards must be payed each time you get your statement in full. Debit lets you make any purchases with the money in your savings or checking account electronically. An Annual percentage rate (APR) is a measure is coast of credit and it 's generally expressed in a yearly interest rate. A various of credit card plans allow the issuer or bank to change your APR when the interest rate or other economical indicators also know as indexes change. Rates changes lower or raise the finance charge on your account. A grace period is the number of days you have to pay your bills in full without triggering a charge on your account. Which if that happens often it will give you bad credit after a while. This limited time only applies to new purchases and the…

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