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In this assignment, you will research the cost of the first year at a two- or four-year college, depending on
the needs of your career choice. Using reference materials and Internet sites, you will collect information
about the college fees, housing, food, books, and about optional ways to pay for that year of college. In
addition, you will need to set up a savings plan. You will use a spreadsheet program to show your costs
for the first year of college and the monthly progress of your savings for the time until you go to college.
Useful references for gathering this information are at the end of this document. You will then present
your findings in a word document.

Sagot :

A sample savings plan for a college student based on the given requirements would be:

  • Daily savings: $500
  • Weekly savings: $3,500
  • Monthly savings: $14,000
  • Yearly savings: $168,000
  • It would 6 months of saving to get $84,000

What is a Savings Plan?

This refers to the financial plan that is made in order to sort a budget and set aside certain amounts of money to fund a particular thing.

Hence, we can see that the useful information to be used is:

(Yearly)

  • College fees: $30,000
  • Housing: $24,000
  • Food: $16,000
  • Books: $12,000
  • Total: $82,000

Read more about savings and budget here:

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