1. Describe the elements involved in attaining financial success. Utilize the "Building Blocks to Achieving Financial Success" and select at least two of the elements from each level starting with the base. Also include how you would define financial success, financial happiness, and your standard of living.
2. Discuss how the overall economy impacts financial goals. Include your thoughts as to the current rate of inflation by reviewing the most recentConsumer Price Index(CPI). Next, visit the Federal ReserveFederal Open Market Committee, click on the "Statement" link for the most recent meeting, and review its contents. Include your thoughts as to how the action (or lack of action) related to interest rates and the committee's comments as to the economic outlook could affect your financial goals.
3. In order to incorporate effective strategies into your financial planning, identify at leastfour employee benefitsthat would help you achieve your financial goals. You should be concentrating on those that would optimize the use of "pretax" dollars and take advantage of the non-taxable nature of certain benefits discussed in this module. For the purposes of this project, it is assumed that your current annual salary is $65,000 and your employer does not offer any type of additional benefits. When you type this paragraph, you could take on the role of an employee who has been asked to provide their suggestions for these items as part of a new program at your employer's company.