Why is it so important to understand your personal finances?

Option 1

Why is it so important to understand your personal finances? What types of problems are more common to people who do not have their finances under control?

Option 2

Briefly describe the three basic types of investments: stocks, bonds, and cash. How can you invest in these types directly? How can you invest in them indirectly through a mutual fund?

Option 3

Visit a website that offers online home financing. State the website, describe the options offered, and discuss the advantages and disadvantages of each option.