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Personal Finance 2019: Day 2

    Today is the second day of Personal Finance. The first thing we did was talk about our reflections. These reflections include all the things we learned the previous day as well as things we thought were interesting in our readings. After this, we went over our top three values in life. This was difficult as many people had a lot of different ones that all seemed equally important. We all had to narrow down our list to come up with our top three. Some values that came up from multiple people were family and friends as well as being successful in life. After we finished with that activity, we moved into a seminar around the three books that we are reading over the course of this three-week term. These books are Your Money or Your Life, Why Didn't They Teach Me This In School?, and Personal Finance in Your 20s and 30s for dummies. Once we completed our seminar Asher, Henry, and Francesco did a presentation on Loans. They talked about student loans, mortgages, auto loans, personal loans, short term, and long term loans. Not just that, but they also informed us on all of the pros and cons to taking out certain loans and how one can end up in serious debt if a person takes out to many loans. Soon it was time to eat lunch.
    After lunch, everyone met back up to talk about what was going to happen during the afternoon. It turns out we were allowed to work on our other assignments. One of these assignments that everyone has been working on is the game of life. This is where we map out the costs of going to college, possibly graduate school, and your life that comes after that. The life game can make you realize how much money you will really have to pay for college along with all of the other small expenses that you didn't even know existed. Overall, today was another successful day where everyone retained important knowledge that they will use for the rest of their lives.

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