Borrowing Moola(:

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           In my 21st century class today, we watched two videos about loans and borrowing money. The first video was telling us that there are different plans we can use to help pay off any loans we might have. There is something called APR (annual percentage rate) which is like the interest you have to pay the bank for borrowing you money. There is multiple plans that have to do with how long it will take you to pay your loan off and your APR. Something that works for your friend, may not work for you. The 2nd video was a cartoon about a college boy who spends lots of money on things like an iPad and a TV. He goes way into debt, but realizes that he can get out if he comes up with a plan. In the end he does, and this helps him to buy a house. Planning ahead can also help us out!