Tuesday, October 28, 2008

A Night at Ye Olde College Inn!!



On the 23rd of October, we had our third mentor meeting. This meeting was a very special one. I have been eagerly waiting for this meeting because we had the choice to go to any place. On this exciting night, we was brought to a local family restaurant on South Carrollton Avenue called Ye Olde College Inn. This was quite an unusual but interesting place. I have passed this street many times but have never noticed this restaurant. This was a average size restaurant but with a old English environment. It is a comforting and nice place. The food was very tasty. I had a Carrollton Tchoup, which consisted of a large porkchop covered in a deliclious sause with a large side of sausage and duck jambalyla. This was a very satisfying meal and I would like to thank Joe and Meg Bonavita.

During the dinner, everyone started talking and started to learn more about each other, but I was most interested with Joe Bonavita stories. I learned that he has a very exciting job. He has traveled to Paris, Austria, London and many other places that one can imagine. It was very exciting and inspiring to hear these stories because it is my dream to travel around the world. The fact that it is for business makes it even better.

At the end of the night, I came home full and happy. I also came home with a little snack from my leftover.

Friday, October 3, 2008

Credit Dot Com!

What information was discussed during the presentation and executive mentor group dialogue with respect to personal finance and credit?

This couldn't be a better time to talk about one's credit during this financial crisis. This week, the CoB had a special guest speaker from Regions bank. He came and informs us about the Do's and Don't of credit use. The information was very helpful! One's credit report can haunt one everywhere. For example, credit reports can be used to determine whether or not you will get your next loan or even your next job. Having a good credit report is significant in one's future. It can make one's financial life so much easier. Here are some of the things I learned :

Good Credit Report:

- Get Loans
- Lower interest rate
- A complete car
- Own a House
- Become a Bank Officer

Bad Credit Report:
- Loans Declined
-
Outrageous interest rate
-
Half a car
-
Rent a House
- Becoming a Roadkill Collector

...and lastly, a good credit report can prevent you from being the next Matt Foley!!

Overall, this presentation was a good idea for us (college freshmen). We are at a stage in our life that most of us are just starting to get credit cards and using it freely. If one wasn't satisfied with this presentation, then here is a site that can help prevent financial problems.
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