Monday, October 6, 2008

Passport Assignment #4: Executive Speaker on Personal Finances


Last Thursday night, we meant again as an entire freshmen business class a long wiht our respective executive mentors. During the fist half of the class, we listened to a guest speaker called John Zolinger, talk to us about "How to Manage Your Credit in College." In this pannel we were taught how to use money and credit cards wisely in college. Zolinger told us to be careful with credit cards and how we use them because this can affect our credit record and prevent us from getting future loans in order to buy more expensive goods such as a house or a car. He also gave us important quick tips on credit cards like having a few of them but keeping them with a balance of zero which looks good on our credit report. However his most important message was to be careful with all the offers that we get. In college we are going to get a lot of offers for credit and it is very easy for these credit card companies to give us money we do not have. The important thing is no avoid this situations and only spend what are future earning will be. His overall message was how we should manage our college money wiseley.

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