In this week assignment, we are going to expand our financial plan (attached) that we created in Week 1 assignment by answering the following questions.
Please make use of the instructions available in Building your own financial plan sections at the end of Chapter 2, 3 and 4 to make the necessary calculations and then summarize your decisions in a word document by responding to these questions. (attached power points)
1. Describe the actions you will take to increase your net cash flows in the near future.
2. Detail your plans to increase your net cash flows in the distant future.
3. Report on how much you must save per year and the return you must earn to meet your goals.