Personal Finance Basics

In 250‐500 words, using the resources in the Topic Materials, please address the following questions using the attached GCU Style template.

Based on the objectives and resources from this week, what do you feel is the main idea you learned about personal finance and financial literacy?
In what ways will the tips you read in the topic articles guide your decisions in the coming months?
What areas do you feel you need to grow?
Taking into account your program of study and potential salary/pay, what impact will that have on your financial security?

Be sure to use the attached GCU Style template to complete the assignment.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance.

Answer preview……………….

Personal Finance Basics
Based on objectives and resources from the past week, the main ideal on financial planning and literacy learned involves ensuring the existence of a budget as the basis of spending, which would help eliminate any unnecessary spending that could otherwise wait until an ideal decision is made. In particular, a budget helps identify some of the expenditure that serves to inflate the budget, which in return helps increase the amount of savings per a particular period. Therefore, I will endeavour to invest in the creation of budget for different periods, which will inform the expenditure activities for the period covered by the said budget……………
APA 367 words