3. Prepare answers to the following questions: (a) Is your savings plan realistic for your current...

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3. Prepare answers to the following questions: (a) Is your savings plan realistic for your current budget? (b) Can you meet your savings goal on a monthly basis based on the budget you prepared in the first assignment? If not, be sure to revise your goals to ensure they can be met according to your budget. (c) What specific savings account type would be best to help you meet your goal? Why would this be the most appropriate account type in this case? (d) What tools might you use to keep track of your savings goals? Resources: Personal Finance Textbook, Chapters 5-7 3. Prepare answers to the following questions: (a) Is your savings plan realistic for your current budget? (b) Can you meet your savings goal on a monthly basis based on the budget you prepared in the first assignment? If not, be sure to revise your goals to ensure they can be met according to your budget. (c) What specific savings account type would be best to help you meet your goal? Why would this be the most appropriate account type in this case? (d) What tools might you use to keep track of your savings goals? Resources: Personal Finance Textbook, Chapters 5-7

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a Managing the personal finance should be the most important function performed by every individual ... View the full answer