What is savings? Savings is a portion of income not spent on current expenses. what are three reasons to save money? For a vacation, emergency, future items.What is net income? Net income is the money a person has after taxes.Recommended % to save 10-20% of net income.
Depository Institution
What is a depository institution? Business that offers financial services to people. What are the two main advantages to saving money? No losing it, and interest. What are three accounts at a depository institution that earn interest? Savings account, Money market deposit account, And certificate of deposit.
Time Value Of money
What is time value of money? Time value is when you put money in a bank and the bank adds money to your money over time. What are three factors that affect the value of money? Interest Rate, Time, And Amount of money put in the bank. What I learned from the movie. I learned that people borrow your money and when they return your money the bank adds a little extra into your account.
Goals
What is savings? Savings is a portion of income not spent o current expenses. What is pay yourself first? It is when you put some of the money that you get into a bank. Why set goals? So you can accomplish something you want.What is a wiki? A wiki is a website that gives information. What is a goal? A goal is an end result of something a person intends to accomplish. What is a Financial goal? A specific objectives to be accomplished through financial planning.What is a smart goal?A smart goal has specific, measurable, attainable, realistic, and time-line features.
My smart Financial goals
My short term goal is to Get a game for my wii. I would have to put $8.00 in my savings every week. I estimate my cost to be $25.00. I would like to get it in one month.It would men I have to save $10.00 per month for 2 yars. I think it will cost about $210.00My intermediate-term goal is to get a track phone. I would have to put $5.00 in my savings every month.I estimate it to be $30.00. I would like to get it in 6-8 months. My long-term goal is to go to vally fair with my mom and dad.It will take $10.00 per month for 2 years. I think it will cost $210.00. simpl ways to save money
Saving Money
Table of Contents
Savings
What is savings? Savings is a portion of income not spent on current expenses. what are three reasons to save money? For a vacation, emergency, future items.What is net income? Net income is the money a person has after taxes.Recommended % to save 10-20% of net income.Depository Institution
What is a depository institution? Business that offers financial services to people. What are the two main advantages to saving money? No losing it, and interest. What are three accounts at a depository institution that earn interest? Savings account, Money market deposit account, And certificate of deposit.Time Value Of money
What is time value of money? Time value is when you put money in a bank and the bank adds money to your money over time. What are three factors that affect the value of money? Interest Rate, Time, And Amount of money put in the bank.What I learned from the movie. I learned that people borrow your money and when they return your money the bank adds a little extra into your account.
Goals
What is savings? Savings is a portion of income not spent o current expenses. What is pay yourself first? It is when you put some of the money that you get into a bank. Why set goals? So you can accomplish something you want.What is a wiki? A wiki is a website that gives information. What is a goal? A goal is an end result of something a person intends to accomplish. What is a Financial goal? A specific objectives to be accomplished through financial planning.What is a smart goal?A smart goal has specific, measurable, attainable, realistic, and time-line features.My smart Financial goals
My short term goal is to Get a game for my wii. I would have to put $8.00 in my savings every week. I estimate my cost to be $25.00. I would like to get it in one month.It would men I have to save $10.00 per month for 2 yars. I think it will cost about $210.00My intermediate-term goal is to get a track phone. I would have to put $5.00 in my savings every month.I estimate it to be $30.00. I would like to get it in 6-8 months. My long-term goal is to go to vally fair with my mom and dad.It will take $10.00 per month for 2 years. I think it will cost $210.00.
simpl ways to save money