1. Assume Carlos has just graduated and landed on a job paying $50,000 per year. He plans to save $500 every month and buy a new Toyota Prius car. He currently drives a used Ford Fairmont, which is a gas guzzler. He is worried about the economic situation which may result in layoffs and possible inflation.
   1. is Carlos plan SMART? Describe details.
   2. how can economic factors such as inflation and employment situation affect his ability to achieve his goal?