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Personal Finance

 
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Extra Credit - Due October 17, 2006 (15 Points)

Research what the current rate of inflation is in theUnited States.
How and why does the inflation rate impact the rate of return on savings accounts?
Write or type 1/2 page summary explaining what you found.
Please site your source!
 

 
Extra Credit - Due October 2, 2006 (15 Points)

Interview your parents or the person that is in charge of your finances at home.
Ask them the following questions and write your answers in a paragraph format. A minimum of three paragraphs is required.
A TYPED RESPONSE IS REQUIRED. YOU DO NOT NEED TO USE NUMERIC VALUES. I DON'T WANT TO KNOW HOW MUCH MONEY YOUR PARENTS MAKE OR WHAT YOUR INCOME LEVEL IS.
  • Who is responsible for the budgeting in the household?
  • How is the family budget prepared?
  • What is the family savings strategy?
  • How does your family handle emergency financial situations?
  • What do you think about your family budgeting strategy? What are the positives and negatives? Would you change anything? (Please make at least 1 suggestion of something that could be modified)
 
 
 
 
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