Decisions About Buying a Home or Automobile

  • From the second e-Activity, discuss two (2) advantages and disadvantages of renting versus buying a home. Support your rationale with two (2) specific examples of such advantages and disadvantages.Describe two (2) pros and cons of buying a new vehicle instead of a used one. Provide two (2) examples based on your own experiences, the experiences of others that you have observed, or from the readings in this course.

Eactivity: Go to the National Education Association’s Savings and Investments Website located at or the Home Loans Website located at After selecting the “Tools” link, choose at least two (2) of the calculators from the list to aid in identifying good personal financial behaviors geared toward saving for a home. Be prepared to discuss.

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