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Personal Finance Week 2 Budget
Manage episode 301189053 series 2936925
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Student Comments from Week 1
YouTube Comments
Lance Fontenot
I have been managing my finances well and I feel confident in my money managing skills currently, but I do worry about how that will change once I take on more expenses. I always feel like I could be saving more, and I anticipate that saving will only be more difficult in the next couple of years. I hope to gain skills in managing my expenses to be able to optimize my savings for the future.
Hela Ali
I feel anxious thinking about financial freedom and how to manage my finances right now and after graduating college. I took this class because I know there is so much more to saving money. I'm excited to learn about all these different ways I can grow my income and feel confident spending money.
Averie Beaty
The thought of having to manage my money seems overwhelming but I honestly believe that once I get the hang of it, it won't be as difficult of a task to manage. I think that people get overwhelmed when they feel as if they have no direction or guidance, but after completing educational courses such as this one, I think it'll give more people peace of mind. The challenge I anticipate being faced with is the discipline that comes with having to save my money and keeping myself within a budget because it is not something that comes easy for me, but it will definitely be rewarding to see the benefits of me doing so.
Jazmin Miralda
I've improved my spending habits significantly, but I always worry if I've saved enough money for the future. I'm looking forward to learning how to better save and what channels I can use to invest my money into.
sophie robertson
Hello Professor! Managing money as an adult can weigh very heavy mentally on the head but it is important to make good choices when it comes to financials and if you are smart 90% of the time, everything will be okay! Currently my troubles of saving just come from mindless spending on dinners and nights out, which add up pretty fast. In order to accomplish my goals I need to start budgeting myself and cut down on the mindless spending and start investing in my future.
Part Two: 3 Laws of Personal Finance
The 3 laws of personal finance are:
- Personal Finance Law #1
- Personal Finance Law #2
- Personal Finance Law #3
Some people think this is a very bold claim; every college graduate can be a millionaire by age 50.
When you obey these 3 laws of personal finance, you discover the truth. Saving a million dollars in 30 years is really not mission impossible.
Part Three Week 2 Assignment: Budget
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