Today's agenda was similar to the past few PF classes we've had. First, we looked at the article we read for class about compounding, discussing what we found interesting and important. I found myself participating more this class. I definitely feel like I've become more accustomed to and comfortable with the class, its people, and the format of our discussions. We talked about investing early, and about how once we'd invested some, we'd learn that it might become less complicated.
After working on the article, we started talking about budgeting. Mr. Bisset passed out a handout -- a letter to give to our parents. The letter had information regarding what we needed to do for the rest of the semester -- manage our own budget. Every day until May, we need to record what money we spent. One thing that I noticed was that I already don't do a lot of the examples Mr. Bisset gave us to save money. I bring my own lunch, rarely take taxis, and don't have a data plan for my cellphone. This is definitely important because I'll need to be extremely aware of what I'm spending. I'll have different categories from most of my classmates, but I suppose that's part of the challenge!
After working on the article, we started talking about budgeting. Mr. Bisset passed out a handout -- a letter to give to our parents. The letter had information regarding what we needed to do for the rest of the semester -- manage our own budget. Every day until May, we need to record what money we spent. One thing that I noticed was that I already don't do a lot of the examples Mr. Bisset gave us to save money. I bring my own lunch, rarely take taxis, and don't have a data plan for my cellphone. This is definitely important because I'll need to be extremely aware of what I'm spending. I'll have different categories from most of my classmates, but I suppose that's part of the challenge!
