Lesson 3 goes over the questions in Lesson 2’s self-test. Check your score against the following range of scores:
0-50 — It looks like you might have picked up some bad financial habits. Use this course to get on track and use money wisely.
51-100 — There is a lot you can learn from this course. You need to do some serious work to make sure you are reinforcing your good habits and getting rid of the bad ones.
100-125 — “B” level financial habits so far. You’re probably above the national average. Use this course to maintain your good habits and get off to a good start in life.
126-150 — Superb, though there are still some things to learn from the advanced parts of this course. You’re clearly above the average.
The weekly essay topic is “How I can control small expenses” — 200 words
Do you find yourself chronically short of cash?
How much of your spending is “small stuff” like fast food, music, apps?
Come up with some ways to start cutting these small expenses
Turn in by the end of the week (Lesson 5)
Reading: “Help Your Teen Stay Debt Free in College,” by John Ninfo, Fastweb, June 4, 2008:http://www.fastweb.com/financial-aid/articles/813-help-your-teen-stay-debt-free-in-college
Here is Lesson 3: