1. Part I: Identify all the lazy dollars in your financial life. Identify source, amount and what action might be indicated

1. Part I: Identify all the lazy dollars in your financial life. Identify source, amount and what action might be indicated

1. Part I: Identify all the lazy dollars in your financial life. Identify source, amount and what action might be indicated.

Part II. Develop a personal and household savings plan. What savings strategies will you use to improve your financial situation? Explain why you chose each strategy instead of others that you did not choose. How much will you save each month? How much interest will you earn and how much will you have saved in 5 years, 10 years, and 20 years?

2. Develop a plan for managing your debt. How many sources of debt do you current have, and what are the balances owed on each? What specific behavioral steps do you personally need to take to match your debt aspirations with your debt reality? How will you practically implement these steps?

The requirements below must be met for your paper to be accepted and graded:

Write a minimum of 400 words (approximately 2 pages) using Microsoft Word. Attempt APA style, see example below. Use font size 12 and 1” margins. Include reference page. At least 60% of your paper must be original content/writing. No more than 40% of your content/information may come from references. Use at least two references from outside the course material, preferably from EBSCOhost. Text book, lectures, and other materials in the course may be used, but are not counted toward the two reference requirement.

 

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