FP 100 Week 1 Discussion | University of Phoenix
- University of Phoenix / FP 100
- 30 Jan 2023
- Price: $7
- Accounting & Economics Assignment Help / Finance
FP 100 Week 1 Discussion | University of Phoenix
Discussion Topic
Post a total of 3 substantive responses over 2 separate days for
full participation. This includes your initial post and 2 replies to classmates
or your faculty member.
Due Thursday
Think about your current financial situation and where you want
to be after graduation. Most students plan to earn more money after graduation
and that would change your financial situation. Think about how your financial
life will change. What might be different? What steps would you need to take to
reach that future?
·
Which concepts from Ch. 1 and 2 will be most important to your
finances? Why are these relevant to you and how might you apply them to your
life?
·
Use the Compound Interest Calculator from Investor.gov to
gain a broader perspective on your savings goals in 10, 20, and 30 years. What
does the calculator show you about the time value of money and compound
interest? You don’t have to provide specifics but discuss what you observe.
·
Watch “How to Set Financial Goals - Young Guys Finance” from Ch.
1. Then share a financial goal in the SMART format. What is the opportunity
cost of not saving toward this goal now?