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Answer fully For your Project, you need to address the following: Provide a detailed monthly budget. Be sure to include all sources of income and
Answer fully
For your Project, you need to address the following: Provide a detailed monthly budget. Be sure to include all sources of income and all expenses. Strongly recommend you look at your all your expenses for the past 3-6 months to make sure you include everything. Even income and expenses that may happen once a year or quarterly. Provide a savings plan for the upcoming year. How much do you plan to save during the upcoming year (provide a specific amount) and how will the savings be used. Some examples for use of your savings are - short term emergency savings, car purchase, home purchase down payment, retirement, children's education fund, home remodeling, annual vacation? Separate amounts for each plan should be included in your monthly budget. Based on your budget and financial goals, develop and describe an action plan for the next 1-3 years. Plan should be only 2-3 paragraphs that list your goals and how will you achieve the goals. Some examples may include - reduce expenses by ?, plan for a major purchase like a car or home, etc. Based on your budget and financial goals, develop and describe an action plan for the next 3-5 years. Plan should be only 2-3 paragraphs that list your objectives and how you will achieve your plan. Some examples may include - start your own business, go back to school, have children, buy a larger/better house or car, retire from working, etc. For your Project, you need to address the following: Provide a detailed monthly budget. Be sure to include all sources of income and all expenses. Strongly recommend you look at your all your expenses for the past 3-6 months to make sure you include everything. Even income and expenses that may happen once a year or quarterly. Provide a savings plan for the upcoming year. How much do you plan to save during the upcoming year (provide a specific amount) and how will the savings be used. Some examples for use of your savings are - short term emergency savings, car purchase, home purchase down payment, retirement, children's education fund, home remodeling, annual vacation? Separate amounts for each plan should be included in your monthly budget. Based on your budget and financial goals, develop and describe an action plan for the next 1-3 years. Plan should be only 2-3 paragraphs that list your goals and how will you achieve the goals. Some examples may include - reduce expenses by ?, plan for a major purchase like a car or home, etc. Based on your budget and financial goals, develop and describe an action plan for the next 3-5 years. Plan should be only 2-3 paragraphs that list your objectives and how you will achieve your plan. Some examples may include - start your own business, go back to school, have children, buy a larger/better house or car, retire from working, etcStep by Step Solution
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