Week 15: Kameceya Gardner

This week I learned that Savings is money put up for a later time. Saving is something you do (Adding money). A short term savings goal is something that you pan to do for less than a year. !. Emergency Fund. Long term is anything over a year. Intermediate savings goal is anything more than a year, but less than 5 years. 1. Voluntary Saving- Willing setting aside money for savings. 2. Consumption Saving- When you use less than what you need to save money. 3. Forced Saving- When money is taken without your approval. Advantages of being an entrepreneur: Make your own money Non-monetary Benefits of being an entrepreneur: Personal creativity, being your own boss, Credit for what you accomplish. Disadvantages of starting a business include: High risk failure, You can never get away from it

Week 14: Kameceya Gardner

This week is going to be a short week in our personal finance class. I learned a lot of things about stocks and the stock market again. I learned about how federal, which is the government, banks protect your money if you invest it with them. It is also good to keep money in a savings account just incase you need extra money. Call it a rainy day account

Week 13 By: Kameceya Gardner

This week we learned about mutual funds, stocks limit orders and equities. Everyone in the class is now apart of a virtual stock manager called up down. Here we use virtual money to buy and sell stock so that we can understand how this process works. It is pretty fun and very competitive.