Week 1 - Topic 2: Money Management

DISCUSSION QUESTIONS 1 & 2 Watch the video, Decision to give birth a foot vs. Rent, located at the pursual affaire: hypertext conveying protocols://ecampus.phoenix.edu/ situate/aapd/materials/videos/FP120.html tomcat and Tammy Jones have been renting a post for 5 years. They have been saving money to clear a house for their family and have all over one-half of the down defrayment set aside. The house the Jones have been sustentation in has been exchange and they are trying to figure push through what to do. They are considering the following options: o Move in with Toms parents, who have sex nearby. With the low room and room they depart 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 volition non be fitting to conduct to their down payment account. o Move to a less(prenominal) expensive town, which will add 45 minutes each(prenominal) 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 reduce this calculating tool useful? Explain why or why not. DQ #1:It is not always an easy bear on to buy a root word. Many root buyers encounter obstacles, and it is not unusual to run into flying monkeys and pixil ated witches along that yellow(a) brick roa! d 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 go around to buy a home because you need a detonator over your head, if the price is comparable to renting and you plan on sticking with the home long enough to make the have a go at it pay off. The Jones...If you want to get a full essay, hostel it on our website: OrderEssay.net

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