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You expect to earn $60,000 per year when you graduate from The Citadel. Before you rent an apartment you add up these other monthly costs:

  1. You expect to earn $60,000 per year when you graduate from The Citadel. Before you rent an apartment you add up these other monthly costs: insurance, $100; car payment, $450; student loan payment, $320; groceries, $120; drinking on Upper King Street, $100. To be fiscally smart, what's the maximum monthly rent that you should pay? Show your work.
  2. How can you establish credit & then boost your FICO score?
  3. Look up & tell me the average interest rate on a credit card issued to an American student.
  4. You've debts. How would you prioritize repaying them?
  5. Companies may lever, or increase debt, even if they've no need to borrow. What are 2 advantages to corporate borrowing?

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