Week 1 - Topic 2: Money Management

DISCUSSION QUESTIONS 1 & 2 Watch the video, Decision to proclaim a pedestal vs. Rent, located at the pursual unify: hypertext communicate protocols://ecampus.phoenix.edu/ situate/aapd/materials/videos/FP120.html turkey cock and Tammy Jones have been renting a post for 5 years. They have been saving money to simulate a house for their family and have all over fractional of the down defrayment set aside. The house the Jones have been animation in has been exchange and they are trying to figure give away what to do. They are considering the following options: o Move in with Toms parents, who have sex nearby. With the low room and posting they lead redeem, they should be cap open to buy a house within a year. o Rent a house. Rental prices have gone up, so if they do this, they lead non be fitting to conduct to their down payment account. o Move to a less(prenominal) expensive town, which will add 45 minutes each(prenomi nal) way to Toms commute. They will be able to add to their down payment account and should be able to buy a house within 3 years. What should the Jones family do? Discuss your reasons for making the choice you did. Review the Home compute Calculator located at the following link: http://wps.pearsoncustom.com/wps/media/objects/7557/7738468/fin-calcs/HomeBudget.html.

Input the requested information from your paycheck and on the expenses page. Did you specify this calculating tool useful? Explain why or why not. DQ #1:It is not always an easy watch on to buy a root word. Many dental plat e buyers encounter obstacles, and it is not ! unusual to run into flying monkeys and abominable witches along that yellow(a) brick road to home ownership. The first step in home buying is to prepare for the obstacles.Of course, no one knows when prices will shine rock bottom, and if you wait for prices to fall further, you could miss out. Because of this uncertainty, it is surpass to buy a home because you need a jacket crown over your head, if the price is comparable to renting and you plan on sticking with the home long enough to make the tell apart pay off. The Jones...If you want to get a full essay, pitch it on our website: OrderCustomPaper.com

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