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Money makes the world go around…

7 June 2006 2 Comments

(I had to watch that darn movie three times in a row in high school English)

Whether this statement is true or not, money plays a vital role in our society and interactions. Recently, I’ve been reminded of money’s role in a variety of ways.

Credit Cards- I posted a while back inquiring and pondering whether credit cards where really worth having around. I’ve found them beneficial in that I’ve received a couple hundred dollars in cash rebates and I’ve only paid a couple dollars in fees (due to my negligence). But, those cards just add another facet of concern that I don’t really want to have at the moment.

Student Loans- These things are scary. You’d be amazed how much money these banks will throw at you. We got more then we thought we’d need for school this semester and they sent us a check for the extra. Fortunately I was smart enough to send it back (and then some). Are loans for education worth it? Isn’t it still debt?

Purchasing a house- It sounds cool when I talk about it with our friends, but then I also think about the commitment and responsibility involved. This is some serious stuff we are talking about. Your talking quite a bit of cashflow here. But some say it’s better then renting, others say not.

Beggars- I’m not sure that beggar is the best term, but that’s what they are doing is begging for money. What do you do when your asked for a dollar?

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2 Comments »

  • Christopher S. Penn, Financial Aid Podcast said:

    Student loans: is it worth it? A very good question. I’d say no (which is weird since i work for a student loan company) if you can find scholarships and grants. If you aren’t willing to bust it to hunt down scholarships, then yeah, it’s probably worth it.

    Christopher S. Penn
    Daily financial aid internet radio on demand
    http://www.FinancialAidPodcast.com
    Got iTunes? http://www.FinancialAidPodcast.com/subscribe/
    Got loans? http://www.FinancialAidPodcast.com/consolidate/

  • blaine said:

    sometimes i don’t know about buying a house either..it seems like a good investment, but it also seems like i’m spending a lot of money to get the place in shape..so who knows really.

    and i’m with ya on the credit card thing…for the vast majority of the population, they’re a terrible idea..but i’ve gotten at least a hundred bucks in rebates using mine. i guess if everyone in the world paid them off, we’d be sticking it to the man..

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