PERSONAL FINANCE WEEK 2.docx

Changes in tax laws could unbalance shelby since so

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Changes in tax laws could unbalance Shelby since “ So lower taxes paid means a lower financial aid deduction, resulting in higher financial aid income and lower financial aid eligibility” (Them, 2018). Since she a young college student Shelby should complete her own tax documents so she able to keep that money instead of paying someone to do the exact something. No dependents or big write offs to need a clerk to assist with taxes. Continuing the Case Pg. 185 1. Shelby should budget her money. She has $540 to pull from after all expenses have been paid. She should place $100 in to an emergency fund and $140 in savings while allocating $200 to credit card debt and $100 to her student loan. Once the card debts has been paid she is able to place that $200 with the original $100 she was paying to school loans to make a $300 a month payment until the loan is complete.
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Personal Finance week 2 3 2. Shelby may need to pick up another source of income while she able to seeing how she has no dependents and a life dream to have her on shop. At the current rate Shelby is not making enough to set aside enough to accomplish that dream or make it realistic. Shelby keeps using credit cards she will be swimming against
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