After University/College Years Reflection
Adulthood can be a tough time in one's life, and being unprepared can make it even tougher. The expenses that come with being an adult aren’t planned out for you like in college/university, and there are many “hidden fees” that come with being an adult. On the upside, personal finance has taught me how to prepare for these unexpected expenses so I won't have to experience what many adults go through. In the second/third unit of this course, the most important and interesting topics we’ve covered are: Tiny Houses; investments and how they work; the cost of a car; the cost of buying a house; frauds and scams; and insurance. I can honestly say that these 6 topics were the most useful, and will stick with me for a lifetime.
The housing market is going up, and it is becoming harder and harder for millennials to buy a house, but are tiny houses really worth it? An advantage of this type of living is that it is very cost effective, however they are very small. When creating a tiny house of my own, it was very hard to create a decent living area with only 120 square feet. This assignment was fun, and it taught me that some people actually have to resort to …show more content…
Frauds and Scams happen everywhere, and you need to be aware of the different kinds of scams and what to do if you happen to fall into one of these scams. The frauds and scams assignment taught me about the many different types of scams and how to deal with them. Most scams involve individuals paying fees for “too good to be true” services. So a general rule is, if it is too good to be true, then it probably is. Frauds such as credit/debit card frauds, and identity theft were also covered in the assignment. I was taught to check my recent transactions frequently so I can notice a fraud if it takes place. The sooner a fraud is reported, the better the chances are that something can be done about
Adulthood can be a tough time in one's life, and being unprepared can make it even tougher. The expenses that come with being an adult aren’t planned out for you like in college/university, and there are many “hidden fees” that come with being an adult. On the upside, personal finance has taught me how to prepare for these unexpected expenses so I won't have to experience what many adults go through. In the second/third unit of this course, the most important and interesting topics we’ve covered are: Tiny Houses; investments and how they work; the cost of a car; the cost of buying a house; frauds and scams; and insurance. I can honestly say that these 6 topics were the most useful, and will stick with me for a lifetime.
The housing market is going up, and it is becoming harder and harder for millennials to buy a house, but are tiny houses really worth it? An advantage of this type of living is that it is very cost effective, however they are very small. When creating a tiny house of my own, it was very hard to create a decent living area with only 120 square feet. This assignment was fun, and it taught me that some people actually have to resort to …show more content…
Frauds and Scams happen everywhere, and you need to be aware of the different kinds of scams and what to do if you happen to fall into one of these scams. The frauds and scams assignment taught me about the many different types of scams and how to deal with them. Most scams involve individuals paying fees for “too good to be true” services. So a general rule is, if it is too good to be true, then it probably is. Frauds such as credit/debit card frauds, and identity theft were also covered in the assignment. I was taught to check my recent transactions frequently so I can notice a fraud if it takes place. The sooner a fraud is reported, the better the chances are that something can be done about