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What is the importance of saving?
Please write a personal example and a hypothetical example.
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- What is Investing Activities? Give some examples?1. Alana only has $56.47 saved for college. Brainstorm possible reasons why she has only managed to save this amount. 2. What do you think Alana’s goals should be?What are a few ways that Alana can get a better understanding of her spending patterns?What is a good exercise that you can perform if you want to reduce the amount of money that you spend each month? A. Stop at a gourmet coffee shop each day to buy coffee and think about your spending. B. Avoid using cash for your payments and put all of your expenses on a credit card. C. Keep a written record of your spending and total it at the end of the week. D. Use the ATM machine to withdraw large sums of cash out of your bank account each week.
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