Risk-taking-not to threaten my prosperity.
Ambition-to have a strong achievement with no distractions.
Patience-ability or to suppress restlessness or annoyance when confronted with delay.
Financial Ratios. Of the financial ratios described in this chapter, which two might be most revealing for the typical college student? Which two are the most revealing for a retiree?
Financial because your passive income exceeds your expenses.
Why Budget. Do you have a budget? Why or why not? What do you think are the major reasons why people do not make formal budgets? because it will help you out in the long run in case you need to buy something are only living pay check to pay check.
Budgeting Mistakes. What is the biggest budget related mistake that you have made? What would you do differently? the budget mistake I have had was trying to pay bills an take care of three children all at the same time it was hard at first but I made it through.
Respond
week 2 class discussion finance You’re Values. What are your three most important personal values? Give an example of how each of those values might influence your financial plans. My three most important personal values are my family, going to school and my health. These three value financial plan because I need to know how to saving money for my children education when they attend college I don’t want them to have to apply for a lone after they graduate from college and for my health it’s hard paying for medicine without any insurance.
Financial Ratios. Of the financial ratios described in this chapter, which two might be most revealing for the typical college student? Which two are the most revealing for a retiree? The two financial ratios most revealing for the typical college student are Liquidity