How to Take Control of Your Credit Cards

I was stopped by this article on page 355, "How to Take Control of Your Credit Cards." I knew right away that I wanted to pursue and read this essay because my parents have always taught me to stay away from credit cards as long as I can and if possible never ever get one! This essay gives the reader a lot of statistics about the credit card world and the debts you can find yourself crawling under. It continues to point out how to slow your role and manage your credit card and the debts you may come across.  This essay gives good examples, such as, if your going out to dinner and have no money do not always charge it on to your credit. This essay teaches you how to be a "credit card shark." Maneuver your way to pay the lowest interest rates, for the shortest time possible, but watch out for the companies they will try anything to trap you.  

 

Why rack up enormous credit cards debts?

Why can't Americans buy the things they need, instead what they want?

Good questions to always ask yourself, if you do not have the money, why get it?

The author points out a really good point by saying, "If you overspend just because you like to buy buy buy on credit, then you are what I call Broke by Choice." You as a person are willfully starting a nightmare! I believe, that yes credit cards can come in handy, when someone is in need, but why build it to the point where you can not even breath when looking at your own bill, set a limit and be smart about it.

 

"If you're paying, say 18 percent interest on an $ 8,000 balance, and you make only the 2 percent minimum payment due each month, you are going to end up paying more than $ 22,000 in interest over the course of the 54 years it will take to get the balance down to zero!"  Now how berserk does this statement make you feel? This statistic right here tells me that I never want to be in this situation ever in my life and I will avoid it.

*** This Email was sent by a student at Lima Senior High in Lima CIty School District.

Athletes and Education

As i was reading "Athletes and Education", I had a sense of feeling that I knew what i was going to be hearing. Throughout this piece I first got the impression that athletes do not do well in Collage and they do not care much for it, as long as there going to make it in the pros. I got this vibe by a professor stating, "He thinks he can take me out to dinner if he wants , but if he thinks I'll pass his knuckleheads just because of that, he'd better think again." I understand where this professor is coming from, coaches feel the need to do anything they can do, so that there players are better, there for making themselves as a coach look better.

Athletes do have to work ten times harder if they want to keep there grades up, there off on road trips, games, and practices, but what about the many few who are taking a bundle of classes while maintaing a full time job? Isn't in a way the same thing except you don't get to look like the star.

A young man was mentioned, he was never interested in anything really than basketball, he went on to college on a athletic scholarship. After graduating, he played in college for two years and was then picked in a late round of the N.B.A draft and left college. In the end he was not "good enough" to be in the pros and did not make it. Do you think he had a back up plan? He didn't, while he was attending college for those two years his transcripts were filled with remedial and nonacademic courses. Not everyone has these troubles like this young man did, but I feel that this can teach everyone to always have a back up plan, you can have both, be and athlete and have an education.

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just seeing if this thangy actually works from my E-mail. :)



*** This Email was sent by a student at Lima Senior High in Lima CIty School District.