Personal financial plan
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Get it written →- 1. How might this concepts from Chapters 1 and 2 be important to your personal finances? Why would you want to know more about this?
- 2. Use this from Bankrate to gain a broader perspective on your goals in 10, 20, and 30 years. What does the calculator show you about the time value of money and compound interest?
- 3. Provide an example of opportunity cost related to your financial goals.
- 4. Share a financial goal in the SMART format.
- 5. How do economic factors, including inflation, interest rates, and economic cycles impact your financial decisions and financial goals?
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