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Created with Fabric.js 1.4.5 FINANCE What does it take for a teenager to take on the responsibilities of getting and handling a credit card? Loss of territories - productive land,industries and raw resources CREDIT SCORE Critical CreditCard Caution Finance describes the management, creation and study of money, banking, credit, investments, assets and liabilities. INTREST double click to changethis text! Drag a cornerto scale proportionally. Interest is a fee paid so you may have the privilege to borrow money from the bank. This fee is a price a person pays so that they can have the ability to spend money that would take a while to collect today. DEBT double click to changethis text! Drag a cornerto scale proportionally. There are a lot of ways to deal with debt. The easiest one is to just use cash, but obviously you cant use it all the time so the second best way to pay off your debt is to pay small amounts first then grow form there. Based on the information in your credit report, lenders calculate your credit score so theycan assess the risk you pose to them before they decide whetherthey will give you credit.The higher your score, the less risk you pose to creditors. Budgeting A budget is a plan that is usedby both individuals and businesses. A personal budget is used to help you live as well as possiblewith the money that you have. A budget is a plan that is usedby both individuals and businesses. A personal budget is used to help you live as well as possiblewith the money that you have. "Consumer Credit and Debt." Financial Literacy. The Rosen Publishing Group, Inc., 2014. Web. 28 May. 2014 <http://financialliteracy.rosendigital.com/article/453/consumer-credit-and-debt>, "Credit Bureaus and Credit Scoring." USA.gov: The U.S. Government's Official Web Portal. N.p., n.d. Web. 27 May 2014., "Budgeting and Money Management." Financial Literacy. The Rosen Publishing Group, Inc., 2014. Web. 30 May. 2014 <http://financialliteracy.rosendigital.com/article/422/budgeting-and-money-management->, "Financial Literacy." Financial Literacy. The Rosen Publishing Group, Inc., 2014. Web. 30 May. 2014 <http://financialliteracy.rosendigital.com/article/423/financial-literacy>,. N.p., n.d. Web. 30 May 2014, "Budgeting and Money Management." Financial Literacy. The Rosen Publishing Group, Inc., 2014. Web. 30 May. 2014 <http://financialliteracy.rosendigital.com/article/422/budgeting-and-money-management->, "International Recruitment Specialists." Red Recruit Homepage Comments. N.p., 30 May 2014. Web. 30 May 2014., "Statutory Post-Judgement Interest in Crosbie v. Crosbie." My Support Calculator. N.p., n.d. Web. 30 May 2014., "Graphs: Snooping and Arguments Go along with Joint Credit."CreditCardscom News. N.p., n.d. Web. 02 June 2014., "Budgeting and Money Management." Financial Literacy. The Rosen Publishing Group, Inc., 2014. Web. 2 Jun. 2014 , <http://financialliteracy.rosendigital.com/article/422/budgeting-and-money-management->
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