Transcript: I would like to complete this goal before I turn 16 (June 21) so that I can drive it with my Learners permit. Financial Goals What is Your Current Goal? My current goal is to buy a car. How Much Money do You Need to Save in Total? I can reduce my monthly spending to a minimal amount, and hopefully keep working at my current job. When do You Want to Complete This Goal? What "Wants" Can You Cut Back on to Reach Your Goal? I am going to pay for half the price, as well as the insurance, so I will need to save $1,000 for insurance, and hopefully about $5,000 for the car. I would like to save as much money as possible for my goal. This will mean saving about 90% of my income. What steps can You Take to Reach your Monthly Savings Goal? Instead of going places for lunch, I can bring food from home, whenever i think about buying something I don't need, I compare it to what i could get for my car. This method works well for me, helping me save as much as possible. How Much Money Should You Save Monthly?
Transcript: ✳✱* I have 10 months to save up and I need to save $1500 total so I need to save at least $150 every month. I can keep working at McDonalds, where I currently work. I work a lot currently so I think I will easily have enough for the laptop. How much must I save monthly? What wants can I cut back on I want to complete this goal by September because I am starting University next september. Financial Goals I am saving up to buy a laptop for university. It would make it a lot easier to take notes and to study. I can cut back on buying too much food and junk that I don't need. When do I want to complete this goal? What is my financial goal? What steps can I take to reach this goal How much money must I save in total I must save around $1500 for the laptop.
Transcript: FINANCIAL GOALS Probably the most expensive of all the goals Put a set amount of money away College funds Life Insurance It is never to early to start Set a certain percent of income 401K Investments ...Possibly will work past 65 Shop around within different companies learn to negotiate with price Make big down payment (20%) House (Age 30-35) Look for selling possibility down the road Like the car, Big down payment Low mortgage rate, shop around Don't always trust what your approved for... Family Next step of your life Expensive (usually 20k a yr.) Try to cut down cost as much as possible Private vs. Public Retirement Fund (65+) Car (and other transportation devices... private jet) FINANCIAL GOALS: NATE RIEXINGER PERIOD 3 (ODD) College (18-30) Financial Goals are tools an individual can use in order to lead them in a successful direction. Using the S.M.A.R.T. formula you can be more successful in your approach to getting things accomplished. Bugatti Veyron 2015
Transcript: Financial Goals Retirement Fund Sawyer Henderson Long-Term Goals Intermediate- Term Goals Short-Term Goals Buy a Laptop $1094 Graduate High School $200 Dorm Room Supplies $500 Homecoming $70 $100 Prom Graduate College $40,000 College Textbooks $800 Engagement Ring $5,000 Vacation with Friends $800 Short Term Missions Trip $2,000 Get Married $2,500 Buy a Home $150,000 Adopt $30,000 Raise a Child $320,000 or $250 Monthly $2,000,000
Transcript: I can cut back on eating out more and try to work with what I have, I could resist temptation when it comes to unnecessary clothes or records, I could limit myself to only going out with my friend's one or two times a week, or I could set a limit for myself for when I go out. There are many possibilities. What Steps Are Required to Reach my Monthly Savings Goal? I wish to be able to say I have reached my financial goal by my mid twenties or early thirties. I think that will give me plenty of time to kick start schooling and work on the side and maybe initiate a home for myself if I spend responsibly. How Much Money Must I Save in Total? Working full time at a minimum wage job would get me roughly $1,960. Getting paid every two weeks would give me about $980. I would save every second paycheck, resulting in $1690 into my savings each month. 1 What 'Wants' Can I Cut Back On? How Much Money Would I Save Monthly? Common steps required to reach my goal would include cutting down on 'wants' and foccusing on 'needs' (which will be talked about more on another slide to come), and opening a separate bank account for my savings only so I will not be tempted to dip in and spend them too early. When Do I Wish to Complete my Goal? Financial Goals Avery Smith Current Financial Goals I personally do not have a set amount that I 'must' save, after all I am only sixteen and I haven't pondered over this all too much. But I do know that if I follow my 'every second paycheck' plan, that can get me close to $20,000 a year (and that's plenty for me). I do not have very many current financial goals besides the 'basics', i.e. I would eventually like to be able to rent a room by myself, pay a portion of my own schooling, be able to buy my own necessities, etc. I want to be able to live comfortably and not feel restricted by my budget. add logo here
Transcript: How much money should you save monthly? I would like to complete the goal in 10 years What steps can you take to reach this goal? What is your goal? my goal s to have a 20,000 dollar down payment when i buy a house. How much money must you save in total? When do you want to complete the goal? What wants can you cut back on to reach your goal? I must save 20,000 dollars total The steps that I could take to reach this goal is set smaller goals and once you reach that set another one. Keep my savings out of reach where I cant get to it easily. I should save about 170 a month to reach my goal within 10 years. -Stop eating out -Stop paying for activities (movies, bowling etc) be creative or go for a hike instead -Shopping for new clothes or accessories Financial Goals
Transcript: Earnings I love music and enjoy learning about how to make a living with stuff related to music. Recording engineering really appeals to me because the knowledge of how to mix tracks and make raw sound into genuine music is very interesting. Saving 70' Chevelle SS Sound Engineer Interests 40% of income goes to savings. Career Values $60 month income Location Varies Financial Goals Dream Car Short term: Money!! Mid Term: Car Long Term: House Derek Nebel
Transcript: My goal is save $400 each month for 8 years until I am 25. So in one year I would have $4800 (400x12). This way I would reach my goal of having $9000 quicker and still have extra money left for further expenses on the car, such as insurance. My financial goal is to save up to $9000 for a car. I desire to drive the 2005 Acura TL because it is affordable and it is difficult to rely on public transportation. I would like to save $400 dollars each month for eight years, in order to cover expenses for the car. I would like to complete my goal by the time I am 25. That way I would have time to save up more money by having a job in order to purchase my desired vehicle. The extra money earned would be saved to pay for upcoming insurances for the car. By: Ruchita Adajania How much money must I save in Total? What "wants" can I cut back on? When Do I want to complete my goal? -cut back on going to restaurants -not to buy the latest devices - make my own gifts instead of buying gifts -writing a list before going shopping to avoid buying unnecessary things BUY A CAR What steps can I take to reach my monthly goals? GOAL: Financial Goals What is my goal? How much money should I save monthly? I can organize a bank account and set up monthly deposits into my saving account from my chequing account.
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