FIN2100 – Discussion Managing Your Personal Finances and Credit Discussion Board Chapters 6, 7, & 8

August 27, 2023August 27, 2023 Discipline: Finance

Discussion

In chapter 6, we discussed managing your money. Money management involves decisions made over the short term that ensure sufficient funds to cover both expected and unexpected expenses.

Get Ready!

To prepare for this Discussion:

  • Read Chapters 6, 7, & 8

Share Your Thoughts

Original posts should be completed 4 days before the close of the discussion board.

Go to Unit 3 Discussion Forum. You just found out your car needs a new transmission and is going to cost you $2,000 to get it fixed. You don’t have enough money in your savings account to pay for the repairs because you just bought a new 55″ TV. Your credit cards are maxed and you need the car to get back and forth to work. Now you wished you had listened to your parents when they said it is always important to have an emergency fund. Now that you know how important it is to have an emergency fund what are some ways you think you can achieve it? 

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