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“Debt of a Salesman” Teacher Activities for Teaching Math & Financial Literacy with Warren Buffett and the SMC Kids

February 27, 2012

Debt of a Salesman

A business can get into a lot of trouble if its managers borrow too much money.  This is especially true if money is borrowed to help a business grow, new sales don’t result and you can’t pay back the loan. Borrowing too much money can get people into trouble too.  If you borrow money to buy things that you want, and don’t earn enough money to pay back the loan – you can get into a financial mess.  So remember; “The best way to pay back a debt is to never have one.”

Meets Standards for Planning & Money Management and Credit & Debt

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From → Educators, General

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