Task

Task #1

Participate in the 3.02 Your View on Debt Discussion.

Based on what you have learned in this class thus far about debt, answer the questions below:

  1. To what extent do you think you will use debt as an adult? Will you get a loan to purchase a car? Obtain a student loan? Use credit cards? Get a mortgage?
  2. Explain the reasons you have decided it is or is not okay to use each of the 4 types of debt in question 1.
  3. If you do end up purchasing items on credit, how will you set boundaries for yourself and avoid pitfalls associated with getting into too much debt?
  4. Respond to one classmate with a similar views and one classmate with a different view.
Scoring Guide