Economics has possibly been my most favorite class this year. The course even buy passes my interest of the Japanese language. Even though I love money, I never thought it would happen that easily…

Well, besides that…. My teacher said it would be good to start borrowing money early, then start paying it back to build credit. At first I was kind of skeptical about what my teacher was saying, but I realized that what he was saying was true. The way you build credit is by borrowing, then paying it back. Thats just how the world functions.

So I came across The Co-operative Bank. The bank pertained to what I was looking into and it actually was alright.The interest rates are mostly between 11% and 16%. I wouldn’t think its that bad. I mean, I’ve seen worse.

I wish my parents would get me a credit card… I don’t get very far on that nonetheless. I mean, look at all the wonderful plastics like the clear card, flat rate platinum card, flat rate advantage card! Though its saddening seeing that the cards have a minimum annual gross income. I never knew credit card companies did that… Well, then again… They have to cover themselves huh? Some are about $14,000+/year.

Though one thing that I thought was cool was the Affinity Card. From what I understand the company will donate a percentage of your spendings to a charity association of your choice. I thought that the Affinity card is a good way for The Co-operative Bank to give back to the world.

Credit… Credit… Credit… Its scary, but good. My teacher says that its how you use the credit card. If you go on a shopping spree you will be put into debt… If you use it wisely and manage your money you might be alright.

sponsored by Co-operative Bank

“Details accurate at date of publishing.”