Wednesday, March 10, 2010

p. 133-142 Senioritis...it pays off down the road

When (not if!!!!) WHEN you graduate there is a pretty good chance that if you have not offended too many people during your K-12 years and if you invite the right people....
you will be opening envelopes with money inside that could total around $2,000......
so ? #1--what do you have planned for that $
#2.) has your plan changed at all after reading portions of this book?
#3.) summarize your reading of p.133-142 in one-two sentences.

23 comments:

  1. 1.) I plan to possibly save it for future use, like an emergency fund for college.
    2.) Not really, it does though make me wish i wouldn't have spent all the money i have spent.
    3.) Pretty much if you save your money you will be really happy. So pretty much just save your money

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  2. #1.) probably just college expenses
    #2.) might actually save some regularly
    #3.) it says that if u do not have $2000 right away that u can save little by little.

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  3. 1. i am planning on putting the money into my savings
    2. kinda
    3. it talks about the how high the percentage is, then the more money you will get.

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  4. 1.) If I was to make $2000, I think I would put $1000 into a savings account. That's always a good idea. The other $1000 I would probably keep to get stuff that I want/need (It would be nice to celebrate graduating. After 12 years, I'm starting to get a bit tired of school.)

    2.) It definitely should have. I think the book has some very good points in it. The only problem for me would be that it would be quite complicated, especially with buying 1000s of stocks. I don't quite trust stocks, so I would prefer a savings account. But, I don't know if any savings accounts have 12% interest.

    3.) In this section he talks about how there is no guarantee that this plan will work. But, based on history, it has a very good chance of working out.

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  5. I plan to use that money for college stuff and then saving all the money i earn from working over the summer....i would say it has changed. These pages talked about how not everyone gets a 12% return. It also talked about inflation and how one million wont be able to buy as much

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  6. 1)well i plan to use it on getting my own apartment in storm lake this summer.
    2)No i believe it has not changed the way that i choose how to spend my $2000 you only live life one why not make the best of it?
    3)I read that if you save you money then you will end up having alot of money later on and will most likely end up being happier if you are not happy now.

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  7. 1. I plan to save it for college so I have no problems for payment...

    2. It has in a way because it makes me think of ways to save money and if and how to invest it!!...

    3. If you save your money you will have something in the future.. So I would take this advice!....

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  8. @Jacie: Are you really planning on saving it, or is that what you should do?

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  9. Amanda is right.. U will be happy if u save money:)

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  10. 1. I'll use it all on college expenses.....laptops, stuff for the dorm, etc....
    2. I realize that it would be a good idea to start putting money in some sort of a fund, but I'll still put the money I get from graduation towards college stuff.
    3. You can still reach a large amount of money if you start saving little by little.

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  11. andrew ill put it in my savings and then ill spent it on other stuff when i need it

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  12. 1. i plan to use it for college
    2. it has a little bit because then if we put to $2000 away then we could be billionares when we become old people
    3. basically what it said is that if you save your money now. u will have alot of money when u plan to retire or become old

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  13. Yeah but where do you invest it and is a roth ira a part of stock investment?

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  14. save money the more you would get i would put it in a account and try to save as much money as i could over time

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  15. i agree with alex, you can still reach a large amount if you start by just saving a little at a time

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  16. what do u plan on buying that you need with that other $1000 andrew?

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  17. i agree with amanda save all the money you can would be a lot better

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  18. I agree with alex to but why not have a little fun now and enjoy your self now and still save a little

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  19. i want to know more about this roth ira fund....im going to research it or if im to lazy ask my mom

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  20. 1. I'm going to use it for college.
    2. Depends on how much my expences are and how much financail aid and everything i get will depend on how i save and spend it.
    The rule of 72 shows that it may take a while for your money to double. IT is also easy to figure out how many years it will take your money to double.

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  21. 1. college expenses...
    2. i would like to put money into something to save money; however, i have college coming up.
    3. save little bit by little bit and eventually by the time you retire you will have a pretty good amount of money.

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  22. I agree with both amanda and alex by saving money.

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  23. roth ira sounds pretty sweet.. or just a plain old ira i think would be very beneficial as well.

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