What are your goals for long-term savings

Assignment Help Finance Basics
Reference no: EM133615990

Problem

A. Does my (our) income exceed your expenses?

1. If so, how much are you saving each month, and is it enough? How do you know it is enough?
2. If not, what are your goals for addressing the deficit (i.e., job change, cut back on expenses, etc.)

B. How is my (our) short-term savings-if I (we) had an emergency, would we have enough in savings to handle the situation?

C. Why is a savings account important? Research how much you should keep in short-term savings. What are your goals for long-term savings?

D. What advice do you have for the class regarding how to accumulate savings?

E. What else did you learn from this budgeting exercise that could help you and/or your family finances going forward?

Reference no: EM133615990

Questions Cloud

Explain the difference between stocks and bonds : Explain the difference between stocks and bonds. Define cash equivalents; list some types of cash equivalents, and their importance to the finance of the organi
Formulate some evidence-based strategies : Formulate some evidence-based strategies to overcome the identified weakness(es). The proposed strategies need to clearly promote positive health outcomes
Describe how your note taking practice has changed : Describe how your note taking practice has changed when using the cornel note
What amount should wendy administer : On hand, the ER has prefilled disposable syringes with adenosine (6 mg/2 mL). What amount should Wendy administer
What are your goals for long-term savings : Why is a savings account important? Research how much you should keep in short-term savings. What are your goals for long-term savings?
Describe how this issue is affecting nursing : Describe how this issue is affecting nursing and health care. See Issues Paper Grading Rubric "Analysis of issue in relation to course content and effect
How much interest will you have earned after seventeen years : Each day, you deposit $4.11 into a bank account whose annual rate is 3% with daily compounding. How much interest will you have earned after seventeen years?
Experiencing 3 days of abdominal pain : Indicate he is experiencing moderate to severe pain? Decrease in pulse oximetry Hypoglycemia Increase in heart rate Increase in respiratory rate
How can finance leader be more effective partners to manager : How can finance leaders be more effective partners to managers and business leaders in developing capital budgets that align with the risk tolerance and mission

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd