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Credit: Borrowing money now , in return for a promise to pay later.
Intrest: Money payed reguarly to delay full payment of dept. Almost always a percentege.
key to whealth:If you want to keep the most of your money do not pay intrest: it costs money to ow money.
Incentives:Airline miles, money back.
Morgage:A long tearm loan for a house.
Student lones: lones given to help with education.
Pros:things on credit
house
car
student lones
anything about over ten thousand dollars
cons:things on credit
junkfood
entertainment
cloths
food
shopping
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