1. Are you happy with your current credit score? Do you have now have an ideal credit score you want to achieve? What do you think you can do to improve your score short term? Long term? What strategies or actions will you need to take in regards to your credit score to meet your financial goals?
2. Can you now establish some solid investment objective? This is like expanding week 7s assignments table in a more written context. You might want to make some changes to what you previously stated now that you have learned about stocks, bonds, and mutual funds. Remember to be specific to a description of your financial need(s), the amount, date the investment that the funds are needed by, investment goal(s), level of risk, and the types of investments needed to achieve this goal.
3. Retirement objectives. What is your retirement plan or what you hope to be a retirement plan that you will put in place? Set a time period for when you will begin specific retirement investment. For example, contribute $1000/year to IRA (traditional? ROTH?) from age 25-30, $3000/year age 30-35, etc... Be specific and give me an estimated of your retirement net worth at your planned retirement age. Below are two retirement calculator you can use to estimate your IRA contributions: