2/7 class

Knowing what you want

Setting SMART Goals

S specific

M measurable

A attainable

R relevant (or realistic)

T time-bound

Managing ur money

how money behaves

interests in finance

→ cost of money

if u lend money, it will cost u (people u lend it from)

• principle

• simple interest: paid only on the original principle, not on any interest added at later dates

• compound interest: paid both