week 3
Project #1: Job Search and Personal Budget
In this assignment, we are going to find a job (this could be your dream job or current job) and then use the Personal Budget spreadsheet located in Doc Sharing to fill out the spreadsheet based on your expected income and expenses. A grading rubric for Project 1 is available in Doc Sharing.
Instructions for Project #1
Using your income from your current job or using income from a future job that you are planning on having after graduating from college, construct a budget.
Searching for a job: Using a daily newspaper or an online search engine, find the monthly income/salary which will be used as your income in your personal budget.
Some useful job search websites: Monster (www.monster.com), Career Builder (www.careerbuilder.com), and Jobs (www.jobs.com).
Additional information can be found at the United States Department of Labor, Bureau of Statistics (http://stats.bls.gov/oco/home.htm).
You may also take the research above to confirm and/or project what you should be earning if you intend to use your current job to complete this assignment.
Use the Personal Budget spreadsheet from Doc Sharing to enter your income from your current job or the income from the job that you are planning on having, then enter the rest of the details based on this personal income (expenses, spending, etc.).
Write a short paper (two page maximum, double spaced, APA format) on your job and budget; it should include the following as a minimum:
- a job description;
- reasons why you would like to have his job;
- a salary; and
- a discussion and explanation of how this dream job will or will not help you achieve your personal goals based on the outcome of your budget.
Submit your assignment to the Dropbox located on the silver tab at the top of this page. For instructions on how to use the Dropbox, read these step-by-step instructions or watch this Dropbox Tutorial.
See the Syllabus section “Due Dates for Assignments & Exams” for due date information.
week 6
In this assignment, we will learn how to buy a car and figure out whether it is priced at or below market value.
Instructions for Project #2
First, you need to decide on your budget, which is the maximum you can spend on a car, and that maximum number should take into consideration price, tax, registration, and fixing if needed.
Second, go to a website such as cars.com, and search for a car in within your budget constraint.
Third, go to a website such as the one for the Kelly Blue Book, and find out whether the car is at market value, overpriced, or underpriced.
Finally, write a two-page paper discussing your findings and issues to explain or discuss.
- Explain your choice. Why did you select the car that you identified? What are the three different prices the Kelly Blue Book provides?
- Based on Kelly Blue Book prices, is the car overpriced or underpriced?
- Did you have any surprises, prior experience, feedback, thoughts, and so on?
- Referring to the car that you selected, discuss the insurance decisions you will need to make. What type of coverage will you need? What is the minimum amount of coverage you will need (based on your state of residence) and what amount of coverage would you actually like to have? Are there any actions you can take to reduce your premiums? Address these questions, taking into account your current budget and financial status.
Submit your assignment to the Dropbox located on the silver tab at the top of this page. For instructions on how to use the Dropbox, read thesestep-by-step instructions or watch this Dropbox Tutorial.
