How The Banzai Life Scenarios

Improved Essays
The Banzai Life Scenarios taught me about things that will be useful in the future. Even though there were multiple notable tips, only a couple stood out. One of those happened to be involving the usage of a credit card. For example, those scenarios showed how quickly someone can get into debt by spending more on their credit card than what is in their jars. This is vital since I never understood how a credit card works and that if I don’t make payments on it I can easily go into debt. Not only was this, but the tips on the amount of money to put into the various jars was insightful. It showed how I need to insure that certain quantities of money are available, or it could cause severe problems. Due to how this is going to become further

Related Documents

  • Great Essays

    M1 Unit 5 Assignment 3

    • 647 Words
    • 3 Pages

    Assignment #3 Styria, Austria On my budget, I learned a couple of things to do with saving money. Being only a nineteen-year-old, you learn how costly it can be to go away to extravagant places and being able to afford you’re entertains. The budget made me realize that a vacation isn’t just unforgetting memories but something that can put a dent into your saving account.…

    • 647 Words
    • 3 Pages
    Great Essays
  • Improved Essays

    Shielding children from overexposure to advertising, shopping, and seeing people using credit can help in the early years, but they will still be exposed to these concepts. To combat this parents must expose the truth beneath all the advertising. Walking a child through a credit card application, with all its terms, conditions, fees, and interest rate, explaining how these policies are designed to take advantage of the consumer is one important step. The same can be done with anything advertising a nothing down, no interest payment plan. By explaining how interest works, both in the favor of the saver, and to the detriment of the over spender, an important step is taken toward equipping a child practical financial knowledge.…

    • 1669 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    CM3100-Week Five- Risk Discussion The consequences of not accepting risk would depend on who you ask. “Life is a series of calculated risks” (Hudson, 2014). Every day, every breath we take is not guaranteed. Yet, they are things taken for granted and very little thought is given to the truth that we are not in absolute control.…

    • 438 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    I have learned that money is a tool and that money can either make or break me. Mr. Ramsey has taught me some very helpful lessons; such as the difference between a set interest and compound interest, how to get out of debt and how to stay out; how to use the debt snowball to take care of my debt; how to save my money; and the right steps to buy a car with cash. Studying Dave Ramsey’s material has educated me and the myths associated with money and finances. Most importantly I’ve learned how to…

    • 1092 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Dave Ramsey is a businessman who is famous for his financial advice on getting out of debt. Ramsey himself had gone into debt and ended up filing for bankruptcy. He started teaching classes and giving advice after he had financially recovered. His advice and ideas have helped many people get out of debt, while also helping them save up for the future. Dave Ramsey has taught me countless ideas over the past two weeks, some of which include not using credit cards, having separate bank accounts, and starting to save early in life.…

    • 538 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Which it can change the way you think and finding their own decisions. Using this technique helped me get through my financial problems. I used to work at Rue21, didn’t care if I own anything or not spending it for important items. A year ago, I bought a whole lot of clothes and shoes just for fun. Of course it sounds silly doing it, but I know it is not an excuse because I chose to spend my money for unnecessary items.…

    • 740 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    After reading Season of Life by Jeffrey Marx demonstrated how I saw I was becoming a man of substances. I started to know the difference from the beginning of my life time till present and from reading the book it showed me how I was becoming a man of my own. Which I thought would not happen till I hit the real world after college. Joe Ehrmann was the coach of a high school football team, who was also a former NFL player. Jeffrey Marx who was interested in Joe coaching style taught Marx how it was best for the team to have chemistry with one another and he goes on by trying to talk to each player to understand them on a personal level.…

    • 1091 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    First, the Great Depression affected how people act, work, and live. Also, the Great Depression affected how grateful people should be with their money and how they save. The Great Depression effected people in America. The first way the Great Depression affected Americans is how they act, work, and live.…

    • 714 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    A question that so many young people around the world face nowadays is simple: how should we manage our money? That is the very question that I Will Teach You To Be Rich by Ramit Sethi strives to answer. Through a relatable, fun writing style that makes his book a breezy but informative read about a subject often considered the driest of the dry, personal finance, Sethi teaches the bare bone essentials of it, and a basic life lesson that the he wants readers to take away from the book, or, in other words, the theme. That theme is the basic truth that taking action to take control of your situation pays bigger dividends than making excuses, and it becomes more and more apparent to the reader the further along they progress.…

    • 1001 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    Risks are the most common things in our life, but different people treat them in different ways. Some people may just give up and get rid of them, but some people may try their best to deal with them. Actually, taking risks will give us many benefits. In the article "Breaking Through Uncertainty --Welcoming Adversity" by Jim McCormick and "Neighbours" by Lien Chao. In "Breaking ... Adversity", the authours give idea that risks benefit us.…

    • 489 Words
    • 2 Pages
    Decent Essays
  • Superior Essays

    He uses lots of reasoning to prove his points. He writes about the disadvantages of using the “banking” education system and the advantages that can arise if we use his “problem-posing” method. Although some lower grade levels are attempting to get students to use more hands-on activities to learn, unfortunately this will not work with college class where the number of students can exceed over 100. Overall, it was persuasive enough to convince me and reflect on what we are currently dealing with because it will affect our…

    • 1012 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    How they never know if they will have the money they need. We also learned how much different a small loan can be to them. Such as rosa who turned a couple hundred dollars into a small business supporting her going back to school. We learn that what may be a pay check to us is the beginning of a new life for them by starting a constant stream of money. Money that could help…

    • 766 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    In the process of reading and doing assignments on my Signature Themes, I gained a tremendous amount of knowledge about myself and how I should be handling everyday life. Signature Themes are traits that an individual has that tells a lot about their personalities and morals. After taking a short personality assessment, the results are given to you by judging your values and how you tend to do things such as interact with people or what you enjoy doing for fun. These Signature Themes are to help one understand their strengths and weaknesses, and how to properly maximize themselves. My Signature Themes were Consistency, Deliberative, Discipline, Intellection, and Learner.…

    • 1183 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Several years ago I recall hearing Steve Harvey, yes that Steve Harvey, the comedian, television, and radio show host say “the best lessons are the ones that are bought.” I have always interpreted this comment to mean the most memorable lessons are frequently the product of the distress, torment, and heartache we experiences as a result of decisions we have made or the unanticipated and uncontrollable challenges of life. The suffering we experience as we grapple with the consequences of our actions, decisions, or the difficulties of unexpected change make us acutely aware of the lessons we are required to learn and changes we are compelled to make to avoid continued or repeated anguish. Therefore, as I have matured personally and professionally…

    • 896 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The Importance Of Chores

    • 1082 Words
    • 5 Pages

    Sometimes I would spend my money on candy or little toys, but if I wanted something expensive, I had to save. As much as I wanted to use my chore money to buy candy, I would be responsible and save my money for something expensive like a video game or a big toy. I can now apply that to being an adult and being able to save my money for my bills rather than…

    • 1082 Words
    • 5 Pages
    Improved Essays