Sam and Judy graduated last spring from Suffolk. For the moment they are living in an au pair apartment in Judys parents house in Chelmsford and commuting into their jobs. They got married at the end of the summer. Their financial picture is as follows: They have student loans totaling $35,000, They have a three-year old Toyota that is worth $15,000 They have a car loan of $8000. Both Sam and Judy have the usual array of things. Judy has clothing that is worth @ $4500 Sam has clothing that is worth @ $2000. They have athletic equipment worth about $2000. They both have computers worth $800 each. They have iPods worth $200 each, They have cell phones worth $75 each They have a TV worth $50. At the moment, neither of them has significant savings nor they dont have any credit card debt. Your Assignment is to: Make up a Balance Sheet chart for them as a couple. That means that you will itemize their assets (things that they own) and their liabilities (things that they owe) and list them in the format that we have seen in the book and in class in the slides. Then, develop some financial goals for them. Identify some alternative courses of action that they will need to start addressing their goals. Take into consideration their life situation now, and what they could be over the intermediate term, say five years, and the long term, say ten years. Dont worry about economic conditions. Do you want your assignment written by the best essay experts? Order now, for an amazing discount.
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