Major Purchases & Loans

Overview

This chapter addresses the financial aspects of significant life purchases and associated financing options. Students will learn about vehicle financing, housing decisions, education funding, and how to evaluate loan terms. We'll cover comparison shopping strategies, negotiation techniques, and methods for determining affordability. Students will develop critical thinking skills for making major financial commitments.

Topics Covered

Auto loans and financing
Housing costs (renting vs. buying)
Mortgage basics
Student loan options and repayment
Comparison shopping
Negotiation skills
Understanding contracts