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Barstow Community College Financial Plan Paper
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Creating a Financial Plan
Directions: Use the following table to create a financial plan for at least 2-3 major (i.e., expensive) items you would like to purchase or need to purchase in the future on your own. Be sure to specify what you want and how much the item is. In some cases, you may need to do some research to determine the details and costs. Then, answer the reflection questions below.
| Goal | Item | Details | Budget | Timeline |
|---|---|---|---|---|
|
EX: Computer |
Used or refurbished laptop |
Dell w/ Windows, minimum 13″, 128G hard drive, HD Graphics |
$300 Use free Windows update from school. Use free Wi-Fi at school. |
Sell current laptop for $100. Buy refurbished from Dell site for $289. $189 on credit card. Pay off when statement comes. |
- Does your plan seem feasible?
- What did you learn about yourself after completing this plan?
- How will you use this plan?
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