Where do you go to get a loan? Why is budgeting so important? What makes budgeting so difficult? Making a budget is very difficult and as consumers we are influenced by many outside forces. What outside forces influence as a consumer? Consider: Advertising, Opportunity Cost, and Rational Choice. Explain What is a credit score and what does it tell lenders? Since men get into more car accidents than women, car insurance companies charge men higher insurance premiums than women. Is this fair? Which of the types of insurance do you think you would need to buy, as an adult? Why? Explain Sicker people use more health care than healthier people, so should sicker policyholders pay higher premiums than healthier policyholders? What is diversification and why is it crucial to investing