Each student will build (or utilize an existing) excel program or online program detailing their personal net worth as of January 1st. Further, they are required to develop a monthly budget (cash-in, cash-out) that details personal spending. Lastly detail 3 money savings tips or hints that you are prepared to share with your classmates to help us try and find money to invest and/or to pay down our debts!

Final reports should contain the following headings/categories:
1. Personal Net Worth Statement — as of January 1st
2. Report of monthly spending budget
3. Detailed “SMART” Personal Financial Goal(s) in the preferred framework of the student
(example template attached)
4. 3 money-saving tips or hints.
Any section can be supported with charts, tables, graphs, etc.
- Again, completely acceptable to utilize an existing financial app or program to complete these tasks.

Answer rating: 100% (QA)

i Personal Net Worth Statement Let us use the following personal assets and liabilities that could b... View the full answer