Project: financial responsibility 500 word count
part i.
assign a credit rating number to each person.
explain why each person has a certain credit rating.
how can each person improve or maintain that credit rating?
estimate the monthly credit-card payments for each of these people.
how can each person become more responsible?
write a plan of improvement for each person.
part ii.
each person wants to buy a home. why should each person buy and not rent? find each one a $200,000 house to purchase, using a local real-estate listing. what would the interest rate be for each? what would the monthly mortgage payment be? why is each a different amount?
part iii.
summarize the results of your research, and explain why it is financially responsible to make wise choices, using these three people as examples.