#1: The definition of a school loan-Debt that never goes away.
#2: The goals for our children pertaining to school loans.
#3: Then, we showed her how our school loans are listed on the debt snowball list.
Needless to say, I think that she felt well informed and understood that she will not be getting into school loan debt when she leaves for college.
Education is so important, when we sit around and discuss our finances it is apparent that we were not educated well enough to make informed financial decisions. This has resulted in so many losses that did not have to take place. However, it has taught us valuable lessons pertaining to wise methods of spending money.
After reading the Legacy Journey, we are fully on board with changing our legacy for the better and educating our children. Nikki read Smart Money Smart Kids two years ago when she was eight years old. So, as a favor to her during this summer she had to read it again and complete a book report. Although she was unhappy initially about this assignment, we are sure that she will thank us when she becomes an adult.