Benefit of Saving for Retirement I. Do you every wonder about your financial status after you retire? You should save for retirement and do not depend on Social Security. Social Security benefits may not be around in the 20-30 years. Looking at our economic crisis today we may not have the fund to support our Social Security benefit users when they need it. By saving yourself for retirement you are giving yourself a piece of mind so you are able to live comfortably. Who is to say if there
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4*(1/x)=(5/2)*(1/x)+3 4/x=(5/2x)+3 (8/2x)=(5/2x)+3 (8/2x)-(5/2x)=3 (3/2x)=3 x=1/2 The answer would be x=1/2 3. John had $30‚000 to invest. He invested part of this money in bonds paying 12% annual simple interest and the rest of the money in a savings account giving 4% annual interest. At the end of the year‚ he received $2‚400 as extra income. How much money did John place in each investment? .4x+.12(30000-x)=2400 .04x+.12(30000)-.12x=2400 .04x+3600-.12x=2400 .12x-.04x+3600=2400 .08x+3600=2400 .08x+3600-3600=2400-3600
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Teenagers and Money In today’s society kids are always spending their money. It’s the result of children watching their parents spend money. As a child you can tell the difference between spending money on something they want‚ or saving it for a legitimate reason. Teenagers have absolutely no idea how to save money wisely‚ and non-impulsive. Teenagers need to be taught‚ and need to learn how to save. If not‚ as they get older they will go into debt and have a hard time getting themselves out.
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our money - both the money that we save and the money that we spend. Money is necessary to live and also to live well in our society‚ but we don’t need a lot of money to be independent‚ successful‚ and happy. Indeed‚ we do need to know how to manage the money we have and make it work. Now-a-days undergraduate students do not just live for the moment. But‚ in order to take pleasure of the golden opportunities‚ students from all walks of life are thinking in advance of fresh ways to save money for
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Assignment 4: Saving and Investing (32.0 points) 1. Describe a real or made up but realistic situation that could cause you or someone you know to have to use money from a financial reserve. (3-6 sentences. 2.0 points) I babysit two kid for parents that work during the day so if one of the lost their job I would lose mine‚ If I saved up a financial reserve then I might have to use it to pay for my phone bill or for clothing I need. 2. How many months ’ worth of expenses do you think your
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HOW STUDENT CAN SAVE MONEY BY INVESTING Have you ever think why investing is important nowadays? And Do you know how investing could help you reach goals that matter? Well‚ the reasons for investments are very clear and simple. Investing or investment is where you get the maximum return from your money saving from time to time. Investing also is known as one good option that you can secure your future. Bismillahirrahmanirrahim‚ Assalamualaikum w.b.t and very good afternoon to our lectures Mdm Josephine
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Free Money What would you say if I told you there is a way you can save as much or more than 14‚000 in ten years? You wouldn’t have to invest any money out of pocket. Your only investment would be 15 to twenty minutes a week. How many of you could use extra money to pay bills? Are there any purchases you’ve put off because you can’t afford it? Coupon clipping is not a secret to anyone. So why do so many people pass up the opportunity to save money? I don’t believe many people are aware
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Saving Money saving money is huge problem for this world we are living in 2014. it very hard to save money when i on fixed income of each month and not working to making enough to get by each month. i learned what is really like to struggle to live on my owe without depended on parent or family for help. saving money it my weakness spot how to budget what it important or overspent on thing is not important and when i really broken i start to feel real guilty and i have to wait about another
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Savings versus Budgeting Name: Ashdane Beckford School: Glenmuir High‚ 10 Glenmuir Road‚ May pen P.O Clarendon. School number: 986-2372 986-2538 986-6355 Students number: (1876)431-5521 I Ashdane Beckford DO NOT have a family member employed at the FSC or Junior Achievement Jamaica. When I was first assigned this project which is in the form of an essay‚ I thought about two things before
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How Malaysians save money? ‘I-phones‚ I-pad‚ HTC-phones’ are these items seem familiar to you? Well‚ from the mass media‚ we get to know that the world is now experiencing economy crisis. In correspond to economy crisis‚ prices for various items from groceries to clothes‚ houses to cars or even jewelleries have rises tremendously. Yet‚ people are still willing to spend large amount of money on the latest gadgets‚ clothes‚ new cars and many more items regardless of how much they costs. If we look
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