Wednesday, March 28, 2007

FPU Week 7

Week seven is in the books. The numbers were a bit low; I think Spring Fever caught a few people. It was the lesson on understanding insurance. Now that's an area that I know very few people can explain. Can you pull out any of your policies and explain what they mean? If not, you are violationg one of the biggest rules of money:

If you are spending more than $300 for something you need to know and be able to explain how it works.

If you just apply what is learned in this lesson it could literally save you hundreds or thousands of dollars a year.

I am excited to see how some in our class are doing. They are excited that they get to get their debt snowball rolling and I am excited for them.

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