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After reading chapters 11 and 12, answer the following questions to the best of your abilities, using complete sentences. (Minimum amount of words per answer:

After reading chapters 11 and 12, answer the following questions to the best of your abilities, using complete sentences. (Minimum amount of words per answer: 75 words). This lab assignment will assess critical thinking and how you can put into practice the knowledge acquired from the chapters assigned.

Chapter 11

Describe your current budgeting system, if any, being specific about what you spend money on regularly and how you monitor expenditures and record income. Evaluate your current system, noting what works well and what you would like to improve. Finally, describe what changes you will make, if any, using strategies from the chapter. If you do not currently have a budgeting system, create one now and describe it in detail. [20 points]

Imaging you are a financial advisor to a patient who has never had or used a credit card. Describe for this patient an ideal plan for credit card use. Include information about choosing cards, applying for cards, using cards, and paying bills. Complete your description with a summary of the dangers of credit card use. [20 points]

Chapter 12

Over the course of a job interview, you answer many specific questions about your skills. Finally, the interviewer asks: So give me the big picture view: Why should I hire you? Write how you would respond, focusing on general, transferable skills. [20 points]

Describe your personal mission. Use Dr. Stephen Coveys definition as a guide. Outlining who you want to be (character), what you want to do (contributions and achievements), and the principles by which you live (values). [40 points]

Book: Keys to Success Quick by Carol Carter, Joyce Bishop, Sarah Lyman Karvirts

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