Using "Your Personal Financial Plan" sheet 2, what are Jamie Lee's short-term financial goals? How do they compare to her intermediate financial goals? Browse Jamie Lee's current financial situation. Using the SMART approach, what recommendations would you make for her to achieve her long-term goals? Name two opportunity costs that would be considered in Jamie Lee's situation? Jamie Lee needs to save a total of $9,000 in order to get started in her cupcake cafe venture. She is presently depositing $1, 800 a year in a regular savings account earning 2 percent interest. How much will she have accumulated five years from now in this regular savings account, assuming she will be leaving her emergency fund savings account balance untouched and for a rainy day? "I FIRST THOUGHT THIS PROCESS WOULD BE A WASTE OF TIME, BUT THE INFORMATION HAS HELPED ME BECOME MUCH MORE CAREFUL OF HOW I SPEND MY MONEY." Nearly everyone who has made the effort to keep a daily spending diary has found it beneficial. While at first the process may seem tedious, after a while recording this information becomes easier and faster. Directions Using the Daily Spending Diary sheets provided at the end of the book, record every cent of your spending each day in the categories provided. Or you may create your own format to monitor your spending. You can indicate the use of a credit card with (CR). This experience will help you better understand your spending patterns and identify desired changes you might want to make in your spending habits. The Daily Spending Diary sheets are located in Appendix D at the end of the book and in Connect Finance. Using "Your Personal Financial Plan" sheet 2, what are Jamie Lee's short-term financial goals? How do they compare to her intermediate financial goals? Browse Jamie Lee's current financial situation. Using the SMART approach, what recommendations would you make for her to achieve her long-term goals? Name two opportunity costs that would be considered in Jamie Lee's situation? Jamie Lee needs to save a total of $9,000 in order to get started in her cupcake cafe venture. She is presently depositing $1, 800 a year in a regular savings account earning 2 percent interest. How much will she have accumulated five years from now in this regular savings account, assuming she will be leaving her emergency fund savings account balance untouched and for a rainy day? "I FIRST THOUGHT THIS PROCESS WOULD BE A WASTE OF TIME, BUT THE INFORMATION HAS HELPED ME BECOME MUCH MORE CAREFUL OF HOW I SPEND MY MONEY." Nearly everyone who has made the effort to keep a daily spending diary has found it beneficial. While at first the process may seem tedious, after a while recording this information becomes easier and faster. Directions Using the Daily Spending Diary sheets provided at the end of the book, record every cent of your spending each day in the categories provided. Or you may create your own format to monitor your spending. You can indicate the use of a credit card with (CR). This experience will help you better understand your spending patterns and identify desired changes you might want to make in your spending habits. The Daily Spending Diary sheets are located in Appendix D at the end of the book and in Connect Finance