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UNIT #5 – SPENDING

ASSIGNMENT: KM – Insurance SIMULATION

KNOWLEDGE MATTERS HINTS:

LESSON: Fixing Your Credit

GOAL: 

Raise your credit score until you are able to get a car loan for 9.25% or lower interest rate.

SOLUTION:

The following is one of many possible solutions:

• On Aug. 28th, buy 62 meals with your credit card. Run to Sept. 28th.
• On Sept. 28th, buy 62 meals with your credit card. Pay all your bills in full using your debit card. Run to Oct. 28th.
• On Oct. 28th, buy 62 meals with your credit card. Pay all your bills in full using your debit card. Run to Nov. 28th.
• On Nov. 28th, buy 62 meals with your credit card. Pay all your bills in full using your debit card. Run to Dec. 28th.
• On Dec. 28th, buy 62 meals with your credit card. Pay all your bills in full using your debit card. Run to Jan. 28th.
• On Jan. 28th, buy 62 meals with your credit card. Pay all your bills in full using your debit card. Run to Feb. 28th.
• On Feb. 28th, buy 62 meals with your credit card. Pay all your bills in full using your debit card. Run to Mar. 28th.
• On Mar. 28th, buy 62 meals with your credit card. Pay all your bills in full using your debit card. Run to Apr. 28th.
• On Apr. 28th, buy 62 meals with your credit card. Pay all your bills in full using your debit card. Run to May 28th.
• On May 28th, shop at Taranti Auto and buy a Stallion with a loan at 9.25% interest rate.