Lily Bjorlin, Chapter 7, Question 1

This chapter affects us (and will affect us in the somewhat near future) because as seniors we are about to head off to college and need to know how to handle our money on our own. After college we will start our careers and start earning more substantial income that we will need to know how to manage. The concept from this chapter that will be hardest for our generation to do will be the "save. Invest. Repeat." because we we are very impulsive with our purchases and want immediate gratification for our investments. However it is also the most important concept because if you invest your money badly or don't save any of it and just spend it all you are in for a bad time.