Better long term financial situation

Reference no: EM1350201

After reviewing all the cost cutting measures I anticipate I could cut back and save approximately $15000 a year if I put those measures into practice. Some of the cost cutting measures would not be hard to do because I do not smoke and I make my own coffee at home. However, I do love my shoes and I love to pamper myself with a manicure/pedicure at least once a month. However, overall I think I may have to start practicing some of these tips as I can see where it would assist me in saving money.

Q2. Looking at bettering your long-term financial situation, explain how you would invest the money you would save each year.

Q3. Estimate how different your financial situation would look if you continued saving and investing over a ten-year period.

Reference no: EM1350201

Questions Cloud

Current and future trends in financial services : Suppose if you were managing a small bank or insurance agency in your local community, what current and future trends in financial services & institutions would likely have the greatest impact on institution.

Which proposal would you favor : The regression results are presented on the next page. Based on this information, which proposal would you favor.

Determine how many proton-proton chain fusion cycles : A spaceship moves past you at speed v. You measure the ship to be 287 m long, whereas an astronaut on the ship measures a length of 380 m. Find out v.

Describe the characteristics of the persuader : Who - Describe the Characteristics of the Persuader: What influences our ability to become persuaded by someone? What specific characteristics must this person possess?

Better long term financial situation : After reviewing all cost cutting measures I anticipate I could cut back and save approximately $15000 a year if I put those measures into practice.

Specific areas of social psychological research : Also describe how you might apply some of the theories and research in your own life. Also, can help men with share some thoughts about specific areas of social psychological research that you think will have a significant impact on the future.

What is the magnitude of the acceleration of the block : What is the smallest thickness of a soap film (n = 1.33) that would appear black if illuminated with 450 -nm light? suppose there is air on both sides of the soap film.

Creating code for method tostring : Fill in the code for method toString, which must return a string containing the name, account number, and balance for the account.

Determine the role of corporate financial officers : In the last few years, there have been many news stories about financial misdeeds of some major corporations, from Enron to Goldman Sachs.

User Account

All Pages