Personal Finance Assingment 1

Assignment 1: Economic Basics (24.0 points)   1. Describe ogre 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 dousement. 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 cardinal examples of goods you have barter ford 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 service 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 up for a test.  4. One of the functions of notes is as a store of nourish. How does ostentatiousness instill moneys ability to store value? (3-6 sentences. 2.0 points) If inflation is increasing, which heart and soul the value of money is going use up; it may make more(prenominal) 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 pitiable to a new res publica and looking for a origin there, but you first pauperism to make trusted the country has a strong economy. Describe at to the lowest full stop three economic factors that you would want to research as testify of the economys strength or weakness, and explain how each fact or would chance on your decision to move th! ere. (4-6 sentences. 3.0 points)Location, being aware of each grocery store youre a part of as a consumer helps you understand your mental representation role in the economy of that securities industry.Commdity, his stock securities industry is a market focused on a single suit of goodness called stocks. Youll learn more about stocks later. Consumer, Markets may be categorize very specifically, 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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