unit4 k-linger blog

this article was nameed budget for your piece of mind. it talks about making sure you keep your fianances right so that you can be more stress free. they list things to do such as take inventory, make a diagnosis, keeping eyes on the prize and cut costs that boosts income. this article is assuring that if you are responsible with tracking your money and knowing what you spend it on, you should be successful in staying debt free.

unit 4 blog

1. all of my income comes from random and odd jobs for anyone who needs my assistance.
2. this summer I will work at village west boathouse and detail cars.
3.it is way easier to be financially dependent. Im ready to be independent.
4.I have noticed I spend a lot of money on food.
5. i decide what to purchase basically by what i feel like at the moment
6.what time of the day and my mood.

Kiplinger Blog

Obama wants to turn more attention on the economy such as jobs and other items and promises not to give up on healthcare. he stated all of this in the state of the union adress a couple months ago. President Obama has a lot of work to do and a lot of work to get people to work togeter rather than be extremely influence by their political party.

Presentations

Home Owners:
This is an insurance for your homestead, it is not required in iowa unless you are making payments and do not own your house. There are many different types available to get. This is a very important form of insurance that would be a good idea.

Health Insurance:
Insurance for expenses or loss from a medical procedure. COBRA is for an employee who leaves their place of work. There are several choices for insurnce that covers different procedures. you need to get insurance from an agency. not required by law.

Life Insurance:
Provides a present amount of cash if you die that term. Temporary and permanent insurance is available. Not everyone needs to get life insurance but if you have a family or business it would be a good idea so you could provide for them.

Disability Insurance:
This type of insurance is for when a person would be injured at the work place, or ill for a long period of time. It is a good idea if you work in a high rick working environment but is not required by law. If you were injured for a long time it would easily pay itself off.

Automobile Insurance:
In Iowa, liability insurance is required as a 20/40/15 policy. It is a good idea to have because the medical cost for the passengers in the car and the damages to your car can add up to very high sums of money. There are many different places to get it, and can come in handy.

Liability Insurance:
This presentation went well. If i could change one thing would be the placement of when we presented becuase in all insurance choices, liability is a form to choose from. Also, all of the work was done by me and there was no participation from my partner.

Vehicle Project

I can definatly afford my car i picked out, i dont need to pay down nor take a loan, if i did infact decide to take a full loan on 800 dollars, i would have to pay $15.84 a month and 20% of my monthly salary is $1,729.66

Kiplinger Blog2

Inflation on the distant horizen- Inflation is veiwed as a distant threat because companies are starting to raise prices especially health care, energy, utlities and basic products like food and medicine. it is an opinion that if you want something now, buy it now because it is, again, a threat that it wont be able to be bought in the future with raising costs and inflation.

Wants Blog

Throughout life everyone has wants, which are things of interest that are not NEEDED for survival and needs to get though everyday life to live. the majority of my needs are purchased by my parents but if i want to go out and eat, its my money. my wants are mostly all paid for by me too.

Tan Sheet blog

This worksheet was pretty helpful because it taught me how to calculate a down payment and figure out the intrest rate in percentage. then after that was all figured out i could find out what i would need for a load amount. then i figured out my monthly payment and the total amout paid and how much intrest was paid.

Rent vs. Buy

why to rent
1 not stable
2 dont know what they are going to do
3 cost is lower
4 less chance for debt







1. rent
2.depends
3.buy
4.depends
5.depends

Video

1. First you got to make the money and realize how and where to spend it, if it aint spent its saved. Know Difference between needs and wants.
2. You gotta get your money right, first you need to make it then you can invest it either simply in a bank with a decent intrest rate or in other accounts with even larger interest rates.
3.Well first off if you acquire debt other than your student loan, such as on credic cards, your a dips***. you need to know what you need and want, once again and also quit spending money on unnecessary things.

overall- I disagree with some parts of the video and one example of this is "if you got it, spend it"

PART TWO:

1.Digging out of debt is stressful and difficult. If you die your debt goes to your family. You can keep a more peaceful and happy life if you stay out of debt.Its a lot harder to dig out of debt than to get into it.

4. The singer from Danity Kane was talking about saving money. She said when she got her first big check her mom made her put some in her savings. She has three different accounts. She said that sometimes she gets a big check then has a long dry spell so its important that she saves her money.Start saving in your 20s not your 30s.

5. They talked about how important it is to have health insurance incase you get in an accident cause that is how a lot of people go bankrupt. Young people don't think anything will ever happen to them because

Hmmm.

Today, while driving to school I was jamming out to some music when suddenly I was astounded when i saw Barney hanging on a noose.