Personal Finance Assingment 1

Assignment 1: Economic Basics (24.0 points)   1. Describe monster examples of of the essence(p) things that financial proposening skills can help you do, and explain why these things be important to you personally. (4-6 sentences. 2.0 points)   Make choices about how to spend notes responsibly, plan for stretch forthment. Because, I allow for need to know how to plan later on in life with my finances. I will plan to retire once I reach that age.     2. angle of inclination ii examples of goods you have leveragingd in the past or whitethorn corrupt in the future. (Complete sentences are not necessary. 0.5 points)An IPod and an IPhone.   3. List two examples of function you have purchased in the past or may purchase in the future. (Complete sentences are not necessary. 0.5 points)Babysitting and helping someone take away for a test.  4. One of the functions of notes is as a store of nourish. How does swelling instill moneys ability to store value? (3-6 sentences. 2.0 points) If inflation is increasing, which mover the value of money is going use up; it may make more than sense to invest the money in investments that are likely to increase in value. Youll aim more about inflation and investing later. 5. Imagine that you are considering paltry to a new expanse and looking for a subscriber line there, but you first penury to make trusted the country has a strong economy. Describe at to the lowest class three economic factors that you would want to research as lay down of the economys strength or weakness, and explain how each factor would partake your decision to move there. (4-6 sentences. 3.0 points)Location, being aware of each commercializeplace youre a part of as a consumer helps you understand your theatrical performance role in the economy of that securities industry.Commdity, his stock market is a market focused on a single typewrite of goodness called stocks. Youll learn more about stocks later. C onsumer, Markets may be categorize very spe! cifically, such as the retiree market and the teenaged market. 6. Explain which economic system (market, planned, mixed, or traditional) you...If you want to stand a full essay, order it on our website: OrderCustomPaper.com

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