Mrs. Nickell
Eng. IV: college prep, per.4
April 16th, 2015
Financial Research Paper
Introduction
I walked into Mrs. Nickell's room thinking that I would learn things that actually apply to English. I am still trying to understand where the English lesson is in these projects but I have learned a lot on the career that i've chosen. The career I have chosen is Florida Fish and Game, in this career i will make $3,634 a month. I have learned that in following this career path I will have to control my spending and pay close attention to my budget that i set. I feel that my life will have a few hard times in it but i'm looking forward to the challenges that lie ahead.
Importance of budgets The importance of budgets is great. …show more content…
All I had to do is fix my property tax mistake, rent/mortgage, my grocery money per month, and clothes. But after all of that I still have a good chunk of money left. Now for life's little hiccup's that were thrown at me i'd be at a loss but as long as I have been saving/putting some money back I will be able to deal with them easily. Overall my budget after the changes seems like it's a lot more bulletproof then it was before the changes.
Insuring Economic Success After learning about all this information based on my finances in the next five years I feel pretty confident in myself and my paycheck. My budget may not be the most amount of money in the world but I feel that it will fit me and my life style well. I will try my best to stick to my budget but I am worried that i may lose my confidence after time.
Impact of Credit, Debt, and …show more content…
Credit cards are of great importance to everyone. If you don't use credit cards or make payments on something your credit will never go up therefore it will be harder to buy a home, car, or other things. Credit cards can be a pain but as I said before they are a necessity for living on your own and owning things. With a bad credit score your payments will be higher per month on cars, homes, and other things that you will need to survive by yourself. But on the same note don't make it to hard to make all your payments on time or else your credit score will drop. So at the end of the day balance your credit card spending with your dollar bill spending.
What I've Learned From the beginning of this assignment to the end I feel like i've learned a lot. At first I thought that this paper would be stupid and hard to write. But after talking to Mrs. Nickell and having her help a little this paper turned into a fun assignment. I even learned a lot about balancing my budget and how to use credit cards in a good way. At the end of the day I learned a lot about budgeting, credit cards, taxes, etc. because Mrs. Nickell was a smart enough teacher to teach us something that would help us after