Personal Finance

Personal Finance
Personal Savings Strategies
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 create your budget.
• 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.
• Use at least two references from outside the course material, preferably from EBSCOhost. 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 journals found in EBSCOhost, online
newspapers such as The Wall Street Journal, government websites, etc. Sources such as Wikis, Yahoo
Answers, eHow, etc. are not acceptable.