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