Saturday, February 27, 2010

Chapter 7

Chapter seven was not as out dated as the previous chapters. I like how it focuses a portion on electronic payments. Since eBay and other online stores have become the new age of shopping; this information is useful for this class’ group of students. I found the new/used car info repetitive. I have already taken personal finance (I did not know the courses are the same) and I learned that buying a used car that is two years old. A new car loses over 40% of its value within the first two years of driving it off the lot. It is definitely more economically sound to purchase a two year old vehicle. However many college graduates do not learn that lesson.

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