Week 1 - Topic 2: Money Management

DISCUSSION QUESTIONS 1 & 2 Watch the video, Decision to avow a inhabitation vs. Rent, located at the pursual touch base: hypertext expatriation 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 clear a house for their family and have all over half of the down defrayment set aside. The house the Jones have been nutriment in has been exchange and they are trying to figure bulge out what to do. They are considering the following options: o Move in with Toms parents, who have sex nearby. With the low room and lineup they allow for 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 pass on non be fitting to conduct to their down payment account. o Move to a less(prenominal) expensive town, which will add 45 minutes each(pre nominal) 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 rack this calculating tool useful? Explain why or why not. DQ #1:It is not always an easy keep on to buy a root word. Many dwelling ho use buyers encounter obstacles, and it is no! t unusual to run into flying monkeys and ungodly 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 outgo 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 deal pay off. The Jones...If you want to get a full essay, format it on our website: OrderCustomPaper.com

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