Describe the anticipated effect of change on your savings

Reference no: EM131134819

Saving for the Future

Financial Planning class must be 250 words must cite work.

Saving for the Future

Summarize your favorable personal financial behaviors related to saving money. Select one behavioral change related to your finances that you could make this year, and describe the anticipated effect of this change on your savings. From the first e-Activity, choose one personal financial concept you have learned that you believe you could use in order to improve your personal financial situation. Explain the chosen concept, and outline key steps that you could take to improve your personal financial situation.

Eactivity: Go to the National Education Association's Savings and Investments Website located athttps://www.neamb.com/finance/savings-and-investments.htm#tools or the Home Loans Website located athttps://www.neamb.com/finance/home-loans.htm#tools. After selecting the "Tools" link, choose at least two of the calculators from the list to aid in identifying good personal financial behaviors geared toward saving for a home. Be prepared to discuss.

• Watch the following Chapter 5 Kiplinger videos using the links below and be prepared to discuss:

o "Buy or Lease a Car", (2 min 13 s)- https://www.cengage.com/finance/book_content/143903902X_garman/financecentral/videos/3-Buy_or_Lease_a_Car.html

o "How Much House Can You Afford", (2 min 12 s)- https://www.cengage.com/finance/book_content/143903902X_garman/financecentral/videos/17-How_Much_House_Can_You_Afford.html

o "Fixed Rate vs. Adjustable Rate Mortgages", (1 min 59 s)- https://www.cengage.com/finance/book_content/143903902X_garman/financecentral/videos/4-Fixed-rate_versus_Adjustable-Rate_Mortgage.html

Reference no: EM131134819

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