Solution-Budget and net worth, Keep track of your income

Budget and net worth

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Reference no: EM132459754

Task 1: Budget and Net Worth

Keep track of your income and expenses for one month. List all your assets and liabilities (debts owed) in a spreadsheet. Based on these documents, develop a monthly budget and a net worth statement.

Task 2: Financial Goals

Determine and list your financial goals.

Task 3: Budget for 25- to 30-year-old Business Professionals

Talk to your mentor, family members, or relatives between the ages of 25-30 and who are employed to see what their budgets look like. Develop a sample budget for someone aged 25 to 30 years old.

Task 4: Budget for 55- to 65-year-old Business Professionals

Talk to mentors, family members, or relatives between the ages of 55-65 and who are nearing retirement. Develop a sample budget for someone aged 55-65, considering the adjusted income and expenses in this life phase.

Reference no: EM132459754

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Budget and net worth

Reference no: EM132459754

Reference no: EM132459754

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