Assignment 2
(25 points)
Assignment 2: Financial Planning
Instructions
Save this file in your course folder, and name it with Assignment, the section number, and your first initial and last name. For example, Jessie Robinson's assignment for Section 1 would be named Assignment1JRobinson.
Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.
Review Lesson 4 of the Course Overview for instructions about turning in your assignments.
Assignment Questions
Describe one short-term goal that you have and at least one thing you will need to do in order to accomplish that goal. (2-4 sentences. 1.0 points)
I have always wanted to pay off my phone bill monthly, and the thing, I did to accomplished it was getting a job.
2. Describe one long-term goal that you have and at least two things you will need to do in order to accomplish that goal. (2-4 sentences. 1.0 points)
One long-term goal that I have always wanted to accomplish is to finish college, with “A”s and no student loans. The two things that I did to accomplish this is saving money and studying.
3. Describe two of your long-term financial goals, and explain why these goals are important to you. List at least three steps that might help you accomplish this goal. (4-6 sentences. 2.0 points)
Two long-term of my financial goals is to save up money to retire and pay for my children to go to college without the fear of them going into student loans. Three steps that may help me accomplish this goal are: 1.) Get in the habit of saving money. 2.) Owe real estate housing. This way if any laying off in jobs occur, I still have a backup plan for insuring income. 3.) Buy reliable cars, electronics, etc. this way, I don’t have to spend