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 to your graduation celebration....
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.
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1.) I plan to buy things that I will need for college
ReplyDelete2.) No
3.) As the years go by your money grows into larger amounts. The higher the % the more your money will grow.
1) I am going to save to most of it to help with college fees. College is expensive and it dont pay it self.
ReplyDelete2) Kind of because I was scared of using stocks but the book told us to spread out the risk and then you wouldn't lose all your money if the stock went down. Also the book tells you to save your money. I had already planed on doing that with a budget.
3) Does not matter about how much money you put in to save. Like if you don't have the $2000 you can put smaller amounts in. The ending amount will not be the same but the outcome of gaining some money will.
1. Will buy the things that i need for college.
ReplyDelete2. no
3. The longer you leave your money in the more it will go up. The higher interest the more it goes up also.
1. I will spend the money on stuff for college such as books and stuff for my dorm room. Ill save some of it for spending money too because I will think of other stuff I need
ReplyDelete2. Not really because I do not want to put all my money in a stock or something when I will need to have money to spend
3. Even though $2000 will not make you a million in 54 years, it is still idea to save some money and watch it grow over time.
1. I would save it for college. Maybe for books, school, a dorm, supplies, or a car.
ReplyDelete2. I would want to be safe with it. I would save as much as i could and try to use it for the most important thing.
1) College Expenses
ReplyDelete2) No
3) The higher % the more your money will grow.
1.) I plan on saving some of that money in a savings account and using the rest of it to pay for college expenses, such as books and things I need for my dorm.
ReplyDelete2.) My plan hasn't changed much after reading portions of this book because I don't plan on investing this money in stocks. I did learn that if I leave money in a savings account or different account, it will gain interest over time. If I don't take that money out, it will continue to gain more and more interest which gives me more money.
3.) The important thing about saving is that you save regularly and disciplined. Slow and steady is what will give you the most money in the long run.
1. Buy things ill need for college
ReplyDelete2. I wouldn't try and wast it save it for real important situations
3. the longer u save the more u get
1. I plan to use it to pay for things I need for college like a laptop, stuff for my dorm, and books.
ReplyDelete2.My plan hasn't changed much because I'm not going to invest my money I have now in stocks, but I might try to save more of it in a savings account instead of a checking.
3.Saving money regularly is important if you want your account to grow to a big amount in the future. The longer you leave it in your account the better interest rates get.
1. Plan to use it to help me with the necessities that I need and also to help me with college expenses.
ReplyDelete2. My plan has not really changed, I do plan to try and save more money in savings accounts but I will not get involved in stocks until I am older, if then.
3. Saving money is important if you want it to grow in size for future references with it. The longer that your money is left alone in the account the better the amount that you will get back out will be.