Open Access. Powered by Scholars. Published by Universities.®

Digital Commons Network

Open Access. Powered by Scholars. Published by Universities.®

University of Tennessee, Knoxville

Family

2006

Personal Finances

Articles 1 - 2 of 2

Full-Text Articles in Entire DC Network

Sp681-T-Does Your Teen Have What It Takes To Deal With Debt?, The University Of Tennessee Agricultural Extension Service Oct 2006

Sp681-T-Does Your Teen Have What It Takes To Deal With Debt?, The University Of Tennessee Agricultural Extension Service

Family

Credit is a fact of life in our economy. Most people cannot afford to purchase everything with cash, so loans for homes and automobiles are a routine part of many family budgets. But it’s important to teach your teen that misuse of credit can result in a debt load that will last for years. Today’s teens start early building debt.


Sp681-U-Do You Have What It Takes To Deal With Debt?, The University Of Tennessee Agricultural Extension Service Oct 2006

Sp681-U-Do You Have What It Takes To Deal With Debt?, The University Of Tennessee Agricultural Extension Service

Family

Buy now! Pay later! It may be very tempting to use a credit card or get a loan to purchase something you want today so you don’t have to wait until you have the cash to pay for it. Credit can be good, but it can also be bad if you get into debt over your head. Use this fact sheet t to see whether you can deal with debt.