assignment 2.docx - 1 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

assignment 2.docx - 1 Describe one short-term goal that you...

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1. 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) Finish my work on time. 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 goal I have is to finish this class with an A. 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 of my long term goals are 4. Describe an example of a common financial resource, an expense, and a debt. These can be examples from your own life or from other people you know or can imagine. (3-6 sentences. 3.0 points) One common financial resource is our friends and family it starts off as a few dollars and then we are asking them to spot us $200 for our electricity bill. This puts people in a bad position because they want to help us but they also want us to help ourselves. In the real world there will always be expenses the need for food doesn't stop when our money runs out. If you have kids this is especially dangerous because kids need the food more then us for there growing bodies. 5. Describe a real or made up but realistic example of earned income that you or someone you know has received. What type of work was the income from? Was the income in the form of a salary or wages? (1-2 sentences. 1.0 points) My mom owns a cleaner store and her cashier employees earn at least around $200 every three weeks. They come in as wages. 6. Describe a real or made up but realistic example of unearned income that you or someone you know has received. (1-2 sentences. 1.0 points) On New Year’s, I would receive some money from older family members.
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  • Spring '14
  • PhillipT.Kolbe

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