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FP/100T Wk 5 Summative Assessment: Pay for College and Save for Retirement Test
Which of the following provides health care through a network of physicians and hospitals located in a specified geographic area? Insurance Health maintenance organization (HMO) Fee-for-service plan Preferred provider organization (PPO) Who can contribute to a health savings account (HSA)? Individuals who participate in a high-deductible health plan Individuals who earn less […]
FP/100T Wk 5 Discussion: Protecting Your Money
An important part of your personal life involves protecting your money. There are many ways to save and prepare for your future. Saving money is always a balancing act between managing living expenses and putting away money for the future. People often budget out their bills and if anything is left, that amount goes into their […]
FP/100T Wk 4 Discussion: Saving for Retirement
To prepare for your future, it is always a good idea to save for retirement. When planning for retirement, most people will need to invest money to beat inflation. That’s why this week’s information about stocks, bonds, and mutual funds is so useful. Most retirement accounts offer mutual funds, index funds, or exchange-traded funds (ETFs). […]
FP/100T Wk 3 Summative Assessment: Credit and Debt in Your Financial Decisions Test
In your daily life, you will need to prioritize a variety of financial tasks. You will need to prioritize big spending decisions such as getting loans, paying for school, and responsibly using credit. You will also need to prioritize smaller spending decisions like how much to spend on lunch or whether to buy a new coat now or […]
FP/100T Wk 3 Discussion: How Important Is Your Credit Rating?
In your personal life, your credit rating can impact your ability to purchase a home, a car, or other necessary items. It can also determine what type of interest rate you will have to pay. Do you own or rent your home? What type of home would you like to live in now or in […]
FP/100T Wk 2 Summative Assessment: Personal Financial Goals Test
Problem solving is an important skill you will develop throughout your life. Whether you are deciding which types of investments are best for meeting future goals or determining which method of saving will yield the greatest return, you will need to weigh your options and consider the pros and cons. Identifying methods for developing personal financial goals […]
FP/100T Wk 2 Discussion: Managing Your Money
As long as I work my full 40 hours each week, my paycheck is pretty consistent on what it is going to be. I get paid bi-weekly and I think that also helps in my budgeting. I use manual process when it comes to managing my pay check. I write down all my bills that […]
FP/100T Wk 1 Discussion: Identifying Your Long-Term Financial Goals
In your personal and professional life, you will need to make financial decisions. Setting financial goals is a good way to plan for your financial future. Think about your current financial situation and where you want to be after graduation. Most students plan to earn more money after graduation. If that’s true for you, that […]