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Hello, I need help with this assignment please, and this is the instructions that we get. Thank you Establishing Financial Goals The purpose of this
Hello, I need help with this assignment please, and this is the instructions that we get. Thank you
Establishing Financial Goals The purpose of this writing assignment is to encourage you to focus on how your personal goals and plans will change over your financial planning life cycle and to help you be specific in setting your goals by designating dollar amounts and dates. Students often indicate they are taking this class to learn better money management skills. Look up the recommendations of money management and personal finance experts to see what you think about their suggested budgeting models. There are several different models, for example, 50/20/30:50% of your income for living expenses, 20% into long-term savings, 30% for flexible spending, and unplanned expenses. Write a one-page paper (at least 250 words) in which you identify three financial goals: one short-term, one intermediate and one long-term. Please note headings are not included in the one page. The font should be 12-point with normal margins. Outline a detailed plan for achieving at least one of the goals. Goals must be specific, measurable, attainable, realistic, and with a time frame. List the actual dates and actions necessary to reach the goals on time. If you don't know aller the details yet , that's okay, list the dates and actions you can identify As you think about what's possible, consider the impact of your current assets (the things you own) and how those assets will help you achieve your goals. Also, consider the impact of your debt things you owe). How will your debt impact your ability to meet your goals? Would any of the spending models you researched be effective in achieving your goal(s)? Incorporate these questions into your one-page summary for the goal you've chosen to write about Please see the grading rubric for grading details. Submission status 3:19 AM 9/14/2020Step by Step Solution
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