Payment, interest, rates and credit cards

What is credit. Credit is money that you don't have on you, and you use that money to buy things then pay it all back at the end of the month. Interest is the amount you make, saving money. Credit cards are cards that you can use to buy things later on. Payment, interest rates, and credit cards are important to people in life in daily life.

Taxes and Insurance

What I learned about taxes and insurance is that you have to pay your taxes. Paying your taxes helps pay for many things. Insurance is a coverage you have on something, like a car, home, and other things you have coverage on.