Savings Plans
Often, a savings plan is necessary to reach a financial goal. By understanding the various saving plans available (bank savings account, money market account, CDs, retirement plans, college saving plans, and so on) and choosing the best option, you can impact the outcome of the goal.
Complete the following tasks:
Research and describe an available savings plan that could help reach one of your financial goals.
Determine three strategies or steps you could use to help you to meet that goal.
Describe the impact of implementing these strategies on your life.
Submission Requirements:
Submit your responses in a Microsoft Word document of the following specifications:
Font: Arial; 12-Point
Line Spacing: Double
Citation Style: APA
Length: 4–5 pages (including title and reference pages)