Family Financial Information

Assets

Checking 8,000

Savings 75,000

Cars 30,000

Liabilities

Student Loans 40,000

Car Loans 15,000

Credit Cards 2,000

Monthly Outflow:

Rent 1,200

Insurance 100

Utilities 250

Food 500

Daycare 400

Kid Essentials 100

Gas/Maintenance 250

Credit Card Payments 200

Student Loan Payments 250

Car Payments 500

Entertainment 150

Deliverables:

1 Given the age, marital status, household makeup, and employment situation of this family, list the specific short-term and long-term financial goals and activities this family should be focused on. Be specific (For example, what dollar amount should they have in their emergency fund? Why that amount? Etc.)

2 Explain to this family how safety, risk, income, growth, and liquidity affect an investment program. Be sure to mention the specific types of risk that are inherent to investments.

3 Recommend the percentage of growth assets that this family should be invested in given their investment horizon. Explain how you came up with this number and what types of growth assets are available to them.