Solution-What are some specific short-term

What are some specific short-term

Reference no: EM132764572

While in college, Pam Jenkins worked part-time and was never concerned about long-term financial planning. Rather than creating a budget, she used her checkbook and savings account (which usually had a very low balance) to handle her financial needs.

After completing college, Pam began her career as a sales representative for a clothing manufacturer located in California.

After one year, her assets consist of a 2002 automobile, a television set, some electronic entertainment equipment, and clothing and other personal belongs, with a total value of about $8,200.

Life Situation Financial Data
Single
Age 22
Starting a career
No dependentsMonthly income$2,600 Living expenses$2,180 Assets$8,200 Liabilities$3,470 Emergency fund$530

What are some specific short-term, intermediate, and long-term financial goals that Pam might want to develop?

Reference no: EM132764572

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What are some specific short-term

Reference no: EM132764572

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