https://padlet.com/sujood_zalabani/m5tmg6vq5e4p Lesson 1.1 Learning Assessment en-us 2018-08-28 22:35:20 UTC 2018-08-28 23:18:25 UTC hello@padlet.com sujood_zalabani https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276064914 First, figure out what you want to achieve most in your life. This can range from buying a house to starting a business or retiring according to your own schedule. Without goals, any money you earn can easily be spent instead of being saved or earmarked for an important milestone or goal. As well as identifying financial goals, estimate the amount of money you’ll need to accumulate to reach each goal.]]> 2018-08-28 22:46:39 UTC https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276064914 sujood_zalabani https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276065154 How important is each goal? Should your first priority be to save and invest for your retirement? This means that before anything else, a portion or percentage of your paycheck is invested into a retirement plan at work, an IRA, or Roth IRA, on a regular basis. Only after that occurs does additional money get earmarked for other financial goals like saving for a house or new car.]]> 2018-08-28 22:48:14 UTC https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276065154 sujood_zalabani https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276065386 Figure out how many years it will take you to achieve each goal.]]> 2018-08-28 22:50:07 UTC https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276065386 sujood_zalabani https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276065472 Your next short-term goal is improving your savings by cutting back on unwarranted spending. Reduce spending on things that are more luxury-type items and “wants” as opposed to “needs.” Cut back on eating out and restaurants or perhaps try renting movies instead of going to the theater. Think of other expenses that you can eliminate, such as bottled water, magazines at the newsstand, or your unused landline phone at home. Try to use debit cards instead of credit cards as well, unless you plan to pay off your credit cards at the end of each pay cycle.]]> 2018-08-28 22:50:57 UTC https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276065472 sujood_zalabani https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276065713 For most people, this is a priority over saving for anything else.]]> 2018-08-28 22:53:08 UTC https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276065713 sujood_zalabani https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276065785 Control what you spend.]]> 2018-08-28 22:53:44 UTC https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276065785 sujood_zalabani https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276066177 Be prepared for what's unexpected.]]> 2018-08-28 22:57:17 UTC https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276066177 sujood_zalabani https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276066289 You should know where your money is going.]]> 2018-08-28 22:58:27 UTC https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276066289 sujood_zalabani https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276066565 My sister is 19 years old and she is in her second year of college. She has her own job and her own debit card. When she buys things she always decides if she needs it or if she wants it. Sometimes she realizes that she can get it later if she wants.]]> 2018-08-28 23:01:27 UTC https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276066565 sujood_zalabani https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276066769 My friend works and has her own debit card she has trouble balancing her money. When she sees something she wants she feels that she has to get it.]]> 2018-08-28 23:03:37 UTC https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276066769 sujood_zalabani https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276067846 Pages 2,3,4]]> 2018-08-28 23:13:14 UTC https://padlet.com/sujood_zalabani/m5tmg6vq5e4p/wish/276067846