I need help budget

Budget vs Actual (2 points)- In the first homework you filled in your budget for the first month of the term. During the month you have been keeping track of all of your money coming in and going out. 1.) Turn in your Dollar Diet showing how you track your individual transactions (Excel, Mint, bank, paper, etc.). 2.) Use this tracking to then fill in the actuals column in the budget vs actual spreadsheet you turned in as part of Homework 1.

Index Fund Worksheet (

Download Index Fund Worksheet (

2 points)- Do some research and compare three different S&P 500 funds.

Retirement calculation (2 points)- Determine how much you are going to need at retirement. Go to this site

Links to an external site.

and estimate your needs at retirement. Turn in the report showing your findings.

Reflection (2 points)- In a word document answer the questions below in a brief reflection with a total minimum word count of 500.

● What is your retirement savings strategy? How do you think this will evolve as you age?

● There is no financial reason to pay higher fees for the same fund. Having said that, some individuals may due to loyalty to a financial advisor, a fund family or overall convenience. Could you foresee yourself paying higher fees for one of these reasons or others?

Rubric Homework

Criter ia

Ratings Pt s

This criteri on is

2 pts

linked to a Learni ng Outco me

Item 1

2 pts

Full Mark s

1.5 pts

Complete but with inaccuracies

1 pts

Not complete or many inaccuracies

0 pts

Missing or blank

This criteri on is linked to a Learni ng Outco me

Item 2

2 pts

Ful l Ma rks

1.5 pts

Complete but with inaccuracies

1 pts

Not complete or many inaccuracies

0 pts

Missi ng or blank

2 pts

This criteri on is linked to a Learni ng Outco me

Item 3

2 pt s

F ul l M ar k s

1.5 pts

Complete but with inaccura cies

1 pts

Not complete or many inaccuraci es

0 pts

Mis sin g or bla nk

2 pts

This criteri on is linked to a Learni ng Outco me

Refle ction

2 p t s

F u l l M a r k s

1.5 pts

Compl ete but with inaccu racies

1 pts

Not comple te or many inaccur acies

0 pt s

Mi ss in g or bl an k

2 pts

Total Points: 8