Reference no: EM132894823

This assignment is designed to help students develop a personal savings plan that lines up with the financial goals they have set for themselves. The student will be required to identify specific savings strategies they will implement in order to accomplish the financial goals that they have set for themselves.

1.) Detail your top two savings priorities. These can include any financial goals that you currently have that you want to accomplish in the future. For example - Paying off tuition, vacation, down payment on a house, security deposit for an apartment, starting a retirement account.

2.) Be sure to include a specific dollar amount that you will need to accomplish your goal. Example: Vacation to the Bahamas - $2,200 (airfare, hotel, and food).

3.) For each savings priority develop a savings strategy that you will implement to accomplish each gain, you can come up with your own strategies or use strategies presented in the savings module: https://bettermoneyhabits.bankofamerica.com/en/saving-budgeting/automatic-funds-transfer (Links to an external site.)

4.) Create a timeline that will detail when you plan on accomplishing each savings priority.

Please cite the sources and have the references.