How much should skylar have in her emergency fund

Reference no: EM133559924

Question: Skylar is a 27-year-old student. She goes to class full-time and tends bar at nights and on weekends, earning about $30,000 annually. Skylar's boss has told her that the bar is not doing well and may close in a few months. She wants to finish school and go into business so she can afford to retire at age 65. Skylar is willing to work a second job to help save for her future, but she doesn't want to risk losing whatever she invests.

How much should Skylar have in her emergency fund? What kinds of investments should she make?

Reference no: EM133559924

Questions Cloud

Identify examples from your chosen ted talks videos : Choose any two of the 14 listed TED Talks about company culture and building teams. Provide a brief overview of your 2 selected talks. Identify examples from

What does lyft do to try to make memorable experiences : How has the Lyft innovated in the past and how could they innovate further? What does Lyft do to try to make memorable experiences?

What do you feel are greatest influence on clinical judgment : What do you feel are the greatest influences on clinical judgment? Is it experience, knowledge, or a combination of those things?

How have they impacted your professional career : Identify your topics of interest. Describe at least two of your current strengths and at least two of your current opportunities for growth in these areas.

How much should skylar have in her emergency fund : How much should Skylar have in her emergency fund? What kinds of investments should she make?

What is the wacc for the firm : Assume no taxes and other Modigliani-Miller assumptions also hold. What is the WACC for the firm

Describes what you found through your investigations : Describes the purpose of the study and the specific questions you are trying to answer. Describes what you found through your investigations

What will be your monthly? payment : If your interest rate is fixed at 4.66?% APR with monthly compounding and you repay the loans over a 10?-year ?period, what will be your monthly? payment

How much money does the donor need to give today : at the end of every year for 5years. If the school can get a 5.50% return on its investment, how much money does the donor need to give today to sufficiently

User Account

All Pages