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My short term goal is to buy a new game. I would need $60 for this game it comes out February 2012 so I would need to save $20 per month to get the game. My intermediate goal is to save up for a paintball gun for $200 by December 2012 I would need to save up $10 dollars a month to have enough. My long term goal is to get a car when I am 16 on April of 2015 I need at least $10,000 to get one. So I would need to save up $2.500 per year to each that goal.
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http://www.thesimpledollar.com/2008/02/06/little-steps-100-great-tips-for-saving-money-for-those-just-getting-started/
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Time Value Of Money
How much your money will be worth in the future. Three factors that effect time value of money are interest rate, time, and amount of money. I learned that it is smart to save money in the bank.
Goals
Savings is a portion of income not spent on current expenses.Pay yourself first means that you set aside money for saving before spending any money. A goal is a end result of something a person intends to accomplish. A financial goal is a specific objectives to be accomplished through financial planning. A smart goal is has to be specific, measurable, achievable, realistic, and it has to have a timeline. You set goals because you want something and you need a plan to achieve it. A wiki is a page that has information so you can understand things.
My Smart Financial Goals
My short term goal is to buy a new game. I would need $60 for this game it comes out February 2012 so I would need to save $20 per month to get the game. My intermediate goal is to save up for a paintball gun for $200 by December 2012 I would need to save up $10 dollars a month to have enough. My long term goal is to get a car when I am 16 on April of 2015 I need at least $10,000 to get one. So I would need to save up $2.500 per year to each that goal.
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Depository Institutions
A depository is a business that offers financial services to people. Two advantages to saving money at a depository institution are it is safe and you earn money by keeping it in there. Three accounts at a depository institution that earn interest are savings accounts, money market deposit account, and a certificate of deposit.
Time Value Of Money
How much your money will be worth in the future. Three factors that effect time value of money are interest rate, time, and amount of money. I learned that it is smart to save money in the bank.
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{images.jpeg}

Depository Institutions
A depository is a business that offers financial services to people. Two advantages to saving money at a depository institution are it is safe and you earn money by keeping it in there. Three accounts at a depository institution that earn interest are savings accounts, money market deposit account, and a certificate of deposit.
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Saving Money
Saving
I learned about to 20%. A
Depository Institutions
A depository is