FIN 420 - Week 3 - Individual Assignment - Personal Financial Plan

FIN 420 - Week 3 - Individual Assignment - Personal Financial Plan

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Running Head: PERSONAL FINANCIAL PLAN 1 Personal Financial Plan FIN/420 University of Phoenix In order to maintain a positive savings some changes do need to be made. I am trying to increase my savings to be able to help my children through college. There are different ways that I will be able to save and some of them include cutting down on the variable expenses. My liquid assets could be higher. I think by investing more into stocks and bonds along with mutual funds will help bring in more assets. With the economy being on a roller coaster I have been very precautious about investing my money into them even though the return may be high. Many people have lost a lot of money in the stock market and have been willing to leave the money in their, however I made the decision to pull what money I had out and only leave a little bit in there. My variable expenses such as food, transportation, recreation, and visiting family can be lowered. As for food I can start shopping with more coupons to save money and have a meal
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FIN 420 - Week 3 - Individual Assignment - Personal Financial Plan

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