Course Name: AB002-Loans and Credit Cards  

At this point, this class does not revisit record keeping, but students should remember to keep track of their cash flows, because they will be referring to them in later modules. AB002 addresses interest rates on loans and credit cards. We also introduce the MyFi Assist app, it is a free financial assistant app. MyFi is used extensively through the money management modules. 1. Components of an Interest Rate 2. Credit Score versus Interest Rate 3. MyFi Assist 4. Paying Credit Cards 5. Paying for House Loans 6. Take-Home Message 7. Money Management Module Review 8. Reminder to Keep Track of your Budgeting Exercise The objective of module 2 is to understand the effects of interest rates, as well as managing loans and credit card usage. Questions? Contact Trent Teegerstrom at tteegers@ag.arizona.edu