The document discusses responsible earning, spending, saving, and borrowing. It asks the reader to define each term and explain what makes it responsible. While the terms differ, all involve economic activities. When done responsibly, earning, spending, saving, and borrowing can benefit individuals and families. Readers are prompted to share their definitions on a forum and reply to other posts.
5. Getting a Loan Define responsible borrowing . A-1.01-Economic Activities
6. Your definitions probably point out ways in which these terms are different . . . A-1.01-Economic Activities . . . but, what do earning, spending, saving, and borrowing all have in common?
7. Earning, spending, saving, and borrowing are all economic activities. When done responsibly, they lead to many benefits for individuals and families. A-1.01-Economic Activities
8. DISCUSSION TIME NOW Go to the Responsible Money Forum and share your definitions of responsible EARNING, SPENDING, SAVING, OR BORROWING. Reply to at least one other post in the forum. A-1.01-Economic Activities