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  • Re: Money for college

    Before working to find money for college, it is important to understand how much money is needed.  A budget is the best way to do this.  Once a budget is established, money may be raised through working, scholarships, or loans as several possible options.  Try to avoid using credit cards as the high interest rates can cost a lot of ...
    Posted to Money Smart Week (Forum) by MSKid on May 1, 2008
  • Re: Negative Money?

    Yes, you can have negative money. It is called being in debt. People that have negative money have more bills to pay than money in their bank accounts. For example, if you owe $500 to your parents but only $150 in your savings account to pay for it, you are in debt by $350. It is a dangerous thing to be in debt, as who knows how long it will take ...
    Posted to Money Smart Week (Forum) by MSKid on April 25, 2008
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