Week 4 - Discussion 1 – Budgeting and Investment

Dec 15th, 2014
DreamIt
Category:
Business & Finance
Price: $5 USD

Question description


Read the
Financial Planning Case at the end of Chapter 13, “First Budget, Then Invest
for Success!” Answer the three questions listed below.




  1. How
         would you rate the financial status of the Garners before the air
         conditioner broke down?

  2. The
         Garners’ take-home pay is over $4,500 a month. Yet, after all expenses are
         paid, there is only a $220 surplus each month. Based on the information
         presented in this case, what expenses, if any, seem out of line and could
         be reduced to increase the surplus at the end of the month?

  3. Given
         that both Joe and Mary Garner are in their mid-30s and want to retire when
         they reach age 65, what type of investment goals would be most appropriate
         for them?



Post your position in the discussion board in at least 200
words. Respond to at least two of your classmates’ postings.


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