Financial Goals - it is very costly to attend Michigan...

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Amount Needed When it is Needed Why you Need it Monitor it $35,000 8 years A 25% down payment on a house that is valued at $140,000 by the time I am 27 years old. $35,000/8 = $4,375 per year or $365 a month $144,000 11 years I want to pay off my school loans completely which will total $144,000 because I am out of state. I would like it paid off by the time I am 30 years old. $144,000/11= $13,091 a year or $1,091 a month
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Colin Weinstein My first financial goal is to be capable of putting twenty five percent down on a house by the time I am twenty seven years old. I want to be able to pay things off quickly, so that I don’t have to pay a large amount of bills each month. A house is very important to me and I feel that by age twenty seven I should be able to afford a house that is worth $140,000. Student loans are something that will take me a long time to pay off because I am from Ohio and
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Unformatted text preview: it is very costly to attend Michigan State for out of state students. It is going to cost more than my house which says a lot about how expensive it is, but I plan on paying it off over time. I want to be remembered by having saved all the money that was possible, so that I can retire at a decent age and still be able to live life to the fullest. I am hoping that the people at my retirement party are asking me for financial tips and wondering why they werent as smart as me when it comes to investing. Most of my wealth was a result of my creativity because I have been known to make money off of people in many different ways. I am also very smart when it comes to managing my money and always create a weekly budget....
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This note was uploaded on 03/24/2010 for the course FCE 238 taught by Professor Boyce during the Spring '07 term at Michigan State University.

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Financial Goals - it is very costly to attend Michigan...

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