Jasmine Essay

1507 WordsMar 23, 20157 Pages
Assignment 2 (25 points) Assignment 2: Financial Planning 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) My short term goal is to acquire a job in marketing. I want to be in a position where I can contribute what I’ve learned through education to gain some practical and real life Experience. To learn and become skilled in all aspects of marketing. 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) I intend to buy a house. To do that I need to work hard and save my money. 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) 1) Getting more stuff for my apartment and 2) Funding a surgery I need. Steps: Couponing, finding extra ways to make money, and eating at home instead of going out. 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) An expense is something like a utility bill that needs to be paid each month and a debt would be a loan for a car or equipment for a business. 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 dad is a mechanical engineer whose salary is quite extensive. Wow, I can't believe I just won the lottery's 5 million dollar prize! 6. Describe a real or made up but realistic example of unearned income that you or someone you know has received.

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