Finance

Unit 1 Spending and Saving

Instructions

1. Determine the appropriate cost of a home based on your family's budget (must be affordable)
2. Calculate the monthly mortgage payment, and update your budget spreadsheet.
3. Determine the amount of investments your family can make each month.
4. Make financial decisions that maximize your family's net worth
5. Make projections on your family's net worth (savings, investments, home equity) for the following periods based on the information: Year 5, year 10, year 15, year 20, year 25, year 30

Submit the following

1. Updated family budget spreadsheet with monthly investment and mortgage information
2. Amortization Calculator data
3. Investment Compounding data
4. Home Appreciation calculator data