Economics: November 30 Warm-up: Why is it a good idea to have an emergency fund? What kind of unexpected expenses might arise? Economics.

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Economics: November 30 Warm-up: Why is it a good idea to have an emergency fund? What kind of unexpected expenses might arise? Economics Learning Target #1 In order to successfully manage my personal finances, I will analyze strategies to build my wealth over time. I will know I have it when I can explain the difference between assets and liabilities. --Real-Life Balance Sheets (HO) (complete three scenarios assigned to you) Economics Learning Target #2 In order to successfully manage my personal finances, I will learn how to incorporate charitable giving into my financial plan. I will know I have it when I understand: (1) the benefits of making charitable contributions; (2) some different ways I can give; and (3) how to incorporate charitable giving into my budget. --Charitable Giving (same HO) Economics Learning Target #3 In order to successfully manage my personal finances, I will learn how to avoid getting into such serious financial trouble that I have to file for bankruptcy. I will know I have it when I can explain: (1) some reasons that people find it necessary to file for bankruptcy; (2) the difference between Chapters 7 and 13 filings; and (3) the negative implications of filing for bankruptcy. --Bankruptcy (same HO) Please report to the C11 computer lab tomorrow -bring your head phones/ear buds