The Five Foundations

By: Evelyn Hamilton,Yaseen Major, and Tyler Hennigan

THE FIRST FOUNDATION-

Save a $500 emergency fund-

Keep money back just in case you run into a problem. For example a parking ticket, flat tire, or you get injured.

THE SECOND FOUNDATION-

Get out of debt-

You want to get out of debt and stay out because you will be paying for it the rest of your life, and even have people get angry at you.

THE THIRD FOUNDATION-

Pay cash for your car-

you want to pay strait up cash for your car because if you go for one of those stupid car plans they make you pay more and if you miss any payments they might take the car back.

THE FOURTH FOUNDATION-

Pay cash for college-

you want to pay at least some of your cash for college because if you don't you will go into thousands of dollars in debt!!!

THE FIFTH FOUNDATION-

Build wealth, and, give-

build wealth to save up and get things you need or save for retirement