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Project 2 - "Financial Goals" - Due Week 3 (complete the excel worksheet) In this assignment, you will: - Develop 3 financial goals (please see excel file for additional information and example) - Download \& complete Excel File: Project2-Goals-Only,xlsx Use the Financial Goals worksheet to fine-tune your 3 personal financial goals. DIRECTIONS - Please OPEN spread sheet -READ directions -Go to "Tab 2" or "Page 2" to complete the questions. -ANSWER each of the 6 questions under EACH of the 3 financial goals (on page 2) -SUBMIT as an EXCEL (.xls OR .xlsx) OR as a PDF (.pdf). FYI: please use an estimated dollar amount, for each goal (ex: $400), not a range (ex: $200$500 If you have any questions, please post them on: Any Questions?: Project 2 - "Financial Goals" - [ -SUBMIT as an EXCEL (.xls OR .xlsx) OR as a PDF (.pdf). If you have an Apple/MAC computer: CANVAS does not open Mac Apple Software: Numbers, Pages, and KeyNote. It is frustrating I apologize. Please open your, numbers file and then save it as an EXCEL. or PDF file. You have to export to excel as a x is OR.xlsx OR a pdf as a PDF. Thank you Dr. Sanford Examples of financial goals (thort, intermedate, and long-term): Short: Saving ten perceat of income every month (short-term), or buy a cell phone. Int:Long:Savingtobuyahybridcarintwoyears(intermediate),orbuyatruck.Savingtobuyahousetenyearsaftergraduation(long-term),orbuyacondo. Remember, Financial goals should be SMA.R. - think about if each answer S - Specific - what are you saving money for? (be specific) M - Measurable - what is the desired dollar ansouat? (be specific) A - Attainable - how will you reach this goal? (be specific) R-Realistic - What are you willing to give up, to save this amount? (be specific) T-Time Specific - what date do you hope to have this money saved? (be specific) You cannot use words like "less" or "more" of "some" of "try", these are not measurable financial goals. Bad example: "eat less candy" or "spend less money" Better example: "throw an end of semester party" Short-tem goals could be the parchiase of: (exnmples) -savingforhouseholdfurniture.-savingformanorhomeinuprovements-savingforasightout-savingforatriptoDisneyland-saving(inadvanceforschoolbooks-savingforacardownpayment-savingtobuyanewcellphone-etc. But these short-term financial goals differ from the day-to-day household expenditures; A short-term financial goal is one that you'd want to achieve in one to two years. Most investment advisors say your first short-tem goals should be getting your finances in order by eliminating credit card debt and establishing a rainy-day fund (savings). Intermediate-term and long-term goals include events such as, buying a house, starting a business, and retiring according fo your own schedule. FYT: People can usually cut back on spending (common examples: less coffee, less candy, less fast food, less movies, less travel, less speeding (use less gas) less spending, buying generic name brands, cuttine coupons, buying sale items, etc.) READ THIS PAGE \& then click on "FINANCIAL GOAL." tab (page 2) at the bottom to answer the 6 questions for each of the 3 goals) Goals: READ INSTUCHON TAB-Before Answering Questions Financial goals should be S.M.A.R.T. - think about it each answer 5- Specific - what are you saving money for? (be specific) M - Measurable - what is the desired dollar amount? (be specific) A - Attainable - how will you reach this goal? (be specific) R - Realistic - what are you willing to give up, to save this amount? (be specific) T-Time Specific - what date do you hope to have this money saved? (be specific) (B) Gal: rksheet to fine-tune your 3 personal financial goals IFYT: "Fxerrica Minte Financial Goals worksheet to fine-tune your 3 personal financial goals. he Finarscial Goais worksheet to fone-tune your 3 personal financial goats. CTIONS ise CPPEN spinad theee: AD directions in "Tab2 2 or "Paine 2 " 9 o complete the questionis SWWER pach of the 6 puestiods under EACH of the 3 fuancial koals fon paite 2 ) Project 2 - "Financial Goals" - Due Week 3 (complete the excel worksheet) In this assignment, you will: - Develop 3 financial goals (please see excel file for additional information and example) - Download \& complete Excel File: Project2-Goals-Only,xlsx Use the Financial Goals worksheet to fine-tune your 3 personal financial goals. DIRECTIONS - Please OPEN spread sheet -READ directions -Go to "Tab 2" or "Page 2" to complete the questions. -ANSWER each of the 6 questions under EACH of the 3 financial goals (on page 2) -SUBMIT as an EXCEL (.xls OR .xlsx) OR as a PDF (.pdf). FYI: please use an estimated dollar amount, for each goal (ex: $400), not a range (ex: $200$500 If you have any questions, please post them on: Any Questions?: Project 2 - "Financial Goals" - [ -SUBMIT as an EXCEL (.xls OR .xlsx) OR as a PDF (.pdf). If you have an Apple/MAC computer: CANVAS does not open Mac Apple Software: Numbers, Pages, and KeyNote. It is frustrating I apologize. Please open your, numbers file and then save it as an EXCEL. or PDF file. You have to export to excel as a x is OR.xlsx OR a pdf as a PDF. Thank you Dr. Sanford Examples of financial goals (thort, intermedate, and long-term): Short: Saving ten perceat of income every month (short-term), or buy a cell phone. Int:Long:Savingtobuyahybridcarintwoyears(intermediate),orbuyatruck.Savingtobuyahousetenyearsaftergraduation(long-term),orbuyacondo. Remember, Financial goals should be SMA.R. - think about if each answer S - Specific - what are you saving money for? (be specific) M - Measurable - what is the desired dollar ansouat? (be specific) A - Attainable - how will you reach this goal? (be specific) R-Realistic - What are you willing to give up, to save this amount? (be specific) T-Time Specific - what date do you hope to have this money saved? (be specific) You cannot use words like "less" or "more" of "some" of "try", these are not measurable financial goals. Bad example: "eat less candy" or "spend less money" Better example: "throw an end of semester party" Short-tem goals could be the parchiase of: (exnmples) -savingforhouseholdfurniture.-savingformanorhomeinuprovements-savingforasightout-savingforatriptoDisneyland-saving(inadvanceforschoolbooks-savingforacardownpayment-savingtobuyanewcellphone-etc. But these short-term financial goals differ from the day-to-day household expenditures; A short-term financial goal is one that you'd want to achieve in one to two years. Most investment advisors say your first short-tem goals should be getting your finances in order by eliminating credit card debt and establishing a rainy-day fund (savings). Intermediate-term and long-term goals include events such as, buying a house, starting a business, and retiring according fo your own schedule. FYT: People can usually cut back on spending (common examples: less coffee, less candy, less fast food, less movies, less travel, less speeding (use less gas) less spending, buying generic name brands, cuttine coupons, buying sale items, etc.) READ THIS PAGE \& then click on "FINANCIAL GOAL." tab (page 2) at the bottom to answer the 6 questions for each of the 3 goals) Goals: READ INSTUCHON TAB-Before Answering Questions Financial goals should be S.M.A.R.T. - think about it each answer 5- Specific - what are you saving money for? (be specific) M - Measurable - what is the desired dollar amount? (be specific) A - Attainable - how will you reach this goal? (be specific) R - Realistic - what are you willing to give up, to save this amount? (be specific) T-Time Specific - what date do you hope to have this money saved? (be specific) (B) Gal: rksheet to fine-tune your 3 personal financial goals IFYT: "Fxerrica Minte Financial Goals worksheet to fine-tune your 3 personal financial goals. he Finarscial Goais worksheet to fone-tune your 3 personal financial goats. CTIONS ise CPPEN spinad theee: AD directions in "Tab2 2 or "Paine 2 " 9 o complete the questionis SWWER pach of the 6 puestiods under EACH of the 3 fuancial koals fon paite 2 )