Dollars and Sense: Module Four: A Modular Guide to Sensible Money Management

This is a "how-to" module for making major purchases. Once consumers have set short-, medium- and long-term goals, created a budget for attaining those goals and collected and researched appropriate bank accounts to meet their needs, they are ready to consider major purchases. This module explains the issues to be considered when contemplating housing and transportation purchases as well as college education expenditures. Further, it uses basic finance concepts to help readers separate the investment decision from the financing decision to streamline the process.