Part I: Identify all the lazy dollars in your financial life
Personal Savings Strategies
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Part I: Identify all the lazy dollars in your financial life.
Identify source, amount and what action might be indicated.
Part II. Develop a personal and household savings plan. What
savings strategies will you use to improve your financial situation? Explain
why you chose each strategy instead of others that you did not choose. How much
will you save each month? How much interest will you earn and how much will you
have saved in 5 years, 10 years, and 20 years?
The requirements below must be met for your paper to be accepted
and graded: •Write a minimum of 400 words (approximately 2 pages) using
Microsoft Word. •You may use Microsoft Excel to calculate interest earned on
your savings. •Attempt APA style, see example below. •Use font size 12 and 1”
margins. •Include cover page and reference page. •At least 60% of your paper
must be original content/writing. •No more than 40% of your content/information
may come from references.. Text book, lectures, and other materials in the
course may be used, but are not counted toward the two reference requirement.
Reference material (data, dates, graphs, quotes, paraphrased
words, values, etc.) must be identified in the paper and listed on a reference
page.Reference material (data, dates, graphs, quotes, paraphrased words,
values, etc.) must come from sources such as, scholarly online newspapers such
as The Wall Street Journal, government websites, etc. Sources such as Wikis,
Yahoo Answers, eHow, etc. are not acceptable
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