Complete the following activities and worksheets:Goals from Homework #1
2.1 Cost of Long-, Intermediate, and short-term Goals, 2.2 Cost per Month of Saving for Goals, and 2.3 Saving for the Goal of Retirement (pages 49-50)
5.1 Debt to Income Ratio Calculations
Utilizing the activities and worksheets, analyze and describe the cost of your goals and debt. and (at a minimum) the following questions: How much will your goals cost you in terms of budget, outlay, monthly payments, etc? Did you adjust your budget accordingly, why or why not? How to you plan to pay for the goals if your budget did not reflect the investment of money? Did you revise your goals, why or why not? If you are not saving the 10%, who do you plan to meet the goals?
Write a 2 page, double spaced, 12 font, 1 inch margin (separate cover sheet) Word document analyzing and describing the worksheets and activities answering the questions and adding additional insights.Submit all the worksheets using MS Excel and the paper using MS Word via Moodle. Email submissions will not be accepted. Apple users will need to make sure the files are compatible and can be opened using MS Office. If you have difficulty with the submission, visit the IRTC office in the basement of the Library for help.
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