In the everfi.com payment types module, I learned all the different types of payments there is.Here are some advice, when getting a credit card you should always check for the interest and how long you wont have interest for.Interest is a charge you will have to pay for borrowing money.When getting a debit card try to look for a card that wont require a high minimum balance and a low fee if you will ever go under the minimum balance.Another thing, if you pay with credit try to pay it all at once so you wont have to pay interest.
This blog is about what I am learning in my career and financial planning class in Curtis high school.
Friday, December 7, 2018
Payment Types
In the everfi.com payment types module, I learned all the different types of payments there is.Here are some advice, when getting a credit card you should always check for the interest and how long you wont have interest for.Interest is a charge you will have to pay for borrowing money.When getting a debit card try to look for a card that wont require a high minimum balance and a low fee if you will ever go under the minimum balance.Another thing, if you pay with credit try to pay it all at once so you wont have to pay interest.
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