Earning Money from investments and Home Ownership Summative Project

Earning Money from investments and Home Ownership Summative Project

Earning Money from investments and Home Ownership Summative Project

Earning Money from investments and Home Ownership Summative Project Beginning Progressing Proficient Exemplary Financial Plan Little understanding of a personal financial plan is evident I can describe the some elements of a personal financial plan I can describe some elements of a personal financial Plan and i can use a personal financial plan to make important financial decisions I can describe some elements of a personal financial Plan and i can use a personal financial plan to make important financial decisions including reflection on the benefits and consequences of those decisions Beginning Progressing Proficient Exemplary Decision Making I can list information used to make financial decisions. I can explain reliable information used in making personal finance decisions. I can apply reliable information and decision making to personal finance decisions.

 

Which of the following is an example of an ownership investment?

Earning Money from investments and Home Ownership Summative Project

I can apply reliable information and decision making to personal financial decisions and explain the intended outcomes. Beginning Progressing Proficient Exemplary Presentation of Ideas I can communicate my ideas through presentation I can communicate my ideas through different mediums I can present ideas in an innovative way using various mediums such as print, oral and digital technologies I can educate and engage others in my presentation using various mediums. Instructions 1. Determine the appropriate cost of a home based on your family’s budget (must be affordable) 2. Calculate the monthly mortgage payment, and update your budget spreadsheet. 3. Determine the amount of investments your family can make each month. 4. Make financial decisions that maximize your family’s net worth 5. Make projections on your family’s net worth (savings, investments, home equity) for the following periods based on the information: Year 5, year 10, year 15, year 20, year 25, year 30 6. Present in a visual presentation (google slides) Submit the following 1. Completed Visual presentation 2. Updated family budget spreadsheet with monthly investment and mortgage information 3. Amortization Calculator data 4. Investment Compounding data 5. Home Appreciation calculator data