Preview

Reasons To Go To The Lake For Vacation

Good Essays
Open Document
Open Document
1158 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Reasons To Go To The Lake For Vacation
1. I would like to go to the lake for vacation. Possibly over the Fourth of July and Memorial Day.
2. I will take time each year to vacation. I will try to take vacations over holiday weekends or things like that.
3. Annually on vacation, I hope to spend no more than about $500.
I.L.
1. Yes, I am willing to rent for four to five years after graduation.
2. I plan on purchasing my first house about five years after graduation. I will leave in that house for probably 10 years or so.
3. My dream house would be in the suburbs of Oklahoma City. It does not have to be a huge house, just moderate in size. Probably three bedrooms, 2 bathrooms, with just about half an acre of land. I want it to be a down to earth, normal home. A fireplace is not necessary.
…show more content…
The house I found costs $200,000. If I save $250 a month I feel like that house is attainable. It is however, not presently attainable. In order to make it attainable, I will cut out money in other areas of my budget to put towards a down payment on a house.
I.M.
1. I plan to purchase a new car in about eight years. It will be a newer car. I will plan to buy a car that costs about $12,000. The monthly payment will be around a maximum of $100 a month. If I intend to buy a $12,000 car in eight years, I will need to save about $125 a month towards the car payment.
2. My current vehicle has right at 90,000 miles on it. I drive about 12,000 miles per year. It will take about seven more years for my vehicle to reach 175,000 miles. It will take a little over nine years for my vehicle to reach 200,000 miles. It will also take over 13 years for my car to reach 250,000 miles.
3. My current vehicle is paid off. My parents bought it for me in high school and they have since paid it off.
4. My car is currently paid off therefore, I plan to save for a new car on my own so I can purchase a new vehicle sometime in the future.
…show more content…
I will review my expenses and compare them with my cash budget. I have reviewed my expenses and cash budget in the recent months.
5. I will pay bills when due. I do not pay bills right now, however. I have no bills to pay and no debt owed.
6. I will purchase life insurance for myself when I have a family and own different items like a house and car. The beneficiary will be my wife and kids. I will purchase enough life insurance to give them about a year of living expenses. I will purchase whole life insurance because the insurance premiums on whole life do not change. I will pay about $25 a month towards life insurance.
7. I will purchase health insurance for myself and then for my family when I have a family. I will pay about $100 a month for health insurance.
8. I will purchase car insurance. The projected cost per year is $1883.04 per year. This would be $156.92 per month. I am unsure if my company will insure the company car. I hope that they would. It would be very helpful.
9. I will establish a will when I own property and have property to my name.
10. I will not dine out in order to meet my cash budget. Since money will be tight, I will have to sacrifice and eat at home.
11. a. I will set my house at 72 degrees in the summer and winter. 72 degrees is the perfect setting for a

You May Also Find These Documents Helpful

  • Satisfactory Essays

    22. FOR INSTANCE ON 11/20 THE VEHICLE WAS RECORDED AS COMING IN WITH 880 MILES, AND 881 MILES OUT ON 12/9.…

    • 596 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    6. You are considering the purchase of a new car with a price of $48,200. You can make a…

    • 2220 Words
    • 14 Pages
    Good Essays
  • Good Essays

    consumption plan? Outline your sources and uses of funds for date 0 and date 1.…

    • 671 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Members of the family will have assessed their family’s total economic needs. This includes income needed to maintain an adequate lifestyle for them, extra expenses if the income producer dies, special needs of dependents, debt liquidation and liquidity. Next. The family will have determined what financial resources that will be available after death. Then, they will then take what they’ve assed for their family’s total economic needs and subtracted the financial resources available after death which equals the amount of additional life insurance required to protect their family. Afterwards, the family will need to take into consideration some life insurance underwriting to then come to the conclusion of which life insurance is right for them. The smart, well informed family will have done their homework and gone over the pros and cons of each type, comparing costs features, insurance companies and agents. They will have looked at the life insurance contract features and other policy features. The family can use online tools to assist them in their decision making process, to divide up the proceeds, and are aware of the breadwinners’ life…

    • 644 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    My goal is to save up $3600 by May 30th, 2018, to pay for a down payment on a used 2016 Audi A3. I will begin this goal on September 30th, 2018, and I will save $100 per week for nine months from my part-time job as a nanny. This goal is a short-time goal, but I think that it is attainable through budgeting, less public transportation (ubers), and going to bars less.…

    • 315 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Hcm413 Assignment 2

    • 1248 Words
    • 5 Pages

    a. Where will you live? Will you be joining a retirement community, or will you be retiring elsewhere? In two to three paragraphs, tell me where you plan on retiring and what type of home you will live in and why.…

    • 1248 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    One of my long-term goals is to get a house. I will have to work hard and save up money to accomplish this goal.…

    • 371 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    I haven’t really made any big purchases, I usually spend my money on little things I need and clothes. I do plan on making a big purchase in the near future for a car.…

    • 1088 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Life insurances are roughly broken up into two types - permanent and term life insurances. Both have guaranteed death benefits, but there is more to life insurance than just death benefits. The two main features you should look out for when you buy life insurance direct are TPD or Total and Permanent Disability and trauma insurance. Of course these can also be taken as individual policies but having them included in your life insurance policy can be more beneficial.…

    • 424 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Identity Theft Q&A

    • 402 Words
    • 2 Pages

    If I need something I will focus on getting that item. I think it hinders my plan because instead of saving for a car I am spending the money on other things.…

    • 402 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Consumers Choice

    • 564 Words
    • 2 Pages

    I would like to buy a car. I can justify this purchase because I need a car for transportation to my job every day, and it is something I have wanted for a really long time. To financially prepare once I have decided to make the purchase I should start saving most of my pay checks instead of buying things I do not need. I should save my money so I can pay off all or most of my car payment at once.…

    • 564 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Personal Finance

    • 1272 Words
    • 6 Pages

    I would like to purchase a car that is dependable that will get me to the places I need to go. To do this I will need good credit either a down payment or a trade in and also I will need to make enough to make my monthly payments. Another thing I would like to purchase is a house. To do this I will need to have good credit, I will need to save so much each month for a good down payment and I should have a stable job making enough to afford the home.…

    • 1272 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    personal finance

    • 404 Words
    • 2 Pages

    Life insurance protects your family against the negative financial impact that would be caused by your death.…

    • 404 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Smart Goals

    • 715 Words
    • 3 Pages

    I will buy a house in two years and have $10,000 for a down payment.…

    • 715 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Instructions: Using complete sentences answer the following questions. Use the following criteria in your response. Living where?, career/job/school?, married?, children?, expected annual income? Vacations, Cars, Buy home or rent?, additional?, etc.)…

    • 125 Words
    • 1 Page
    Satisfactory Essays