Thursday, April 25, 2024

Scott Bilker
Household Math™: Pool House Rock
by Scott Bilker
 
Scott Bilker is the author of the best-selling books, Talk Your Way Out of Credit Card Debt, Credit Card and Debt Management, and How to be more Credit Card and Debt Smart. He's also the founder of DebtSmart.com. More about and DebtSmart can be found in the online media kit.

Test your knowledge by trying to solve these DebtSmart, Household Math™ problems! After you complete the problem you’ll get the solution and explanation.
 
1. Summer is here and you’ve got the pool going. After reviewing your records from last year you figure that it cost $25 per week for chemicals, $80 per month for electricity, and $70 in replacement parts to operate the pool for the entire season. The swimming season lasts about 100 days. The good news is that the pool gets plenty of use, mostly from your three children but now there’s another option. A swimming club has just opened right around the corner and the cost is $50 per month per person. Considering the known costs, is it less expensive to sign the kids up for the swimming club or use the pool?
Join the swimming club
Use the pool
They both cost the same
I don't know!



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