Borrowing Money

For 21st Century class we watched some videos on borrowing money. I learned that if you borrow money  from the bank, you have to do some research and find the plan that's right for you. If you choose a plan that's not right, you could end up having to pay a big amount of money for a short period of time, and you could easily fall behind on your payments. If you choose the right plan, it will be much easier to manage your money, and get your payments in on time. It's also important that you don't overspend and get into major debt, because it will be hard to get out of it later.

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