WHAT IS INTEREST?

Meeting link.

Interest is a tricky concept to grasp, however, with more exposure, you'll learn to appreciate it. Albert Einstein said, "He who understands it, earns it; he who doesn't, pays it." Let's get you to be the latter.

What you'll learn:

• What Interest Is.

• Fixed vs. Variable rates.

• How Interest Rates are Determined.

• Simple vs. Compound Interest.

• How Interest Relates to Credit Cards, Student Loans and Loan Repayment.

What else you'll get:

• A chance to win $50 in textbook credit. Attend 1 or all 4 workshops this week. Each attendance gives you a raffle entry. Courtesy of SFS.

Other workshops this week:

• What is Interest?

  • Tuesday, February 8 @ 6:30pm

• What is Interest?

  • Friday, February 11 @ 12pm

• 10 Financial Things to Know When You Start College 1-5

  • Friday, February 11 @ 1:30-3:30pm

• FAFSA, Scholarships, Loan Types and Repayment

  • Sunday, February, 13 @ 10-12pm

Speaker:

Andrea Schröer, Financial Literacy Specialist at La Sierra University, Riverside, CA