Personal Finance including budget, education and insurance, U.S economics help

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1.  What is included in a personal budget? Why is a personal budget a useful tool? 

(5 points)

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2.  What are the main costs associated with higher education? Why might the financial burden of college actually be economically worthwhile?  

(5 points)

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3.  Choose one type of insurance. Explain what it is and why it is useful or necessary.

(5 points)

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4.  How are debit and credit cards similar? How are they different?

(5 points)

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5.  What does it mean to be a socially responsible consumer? Use an example to support your explanation.

 
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