The Time of Money

A. I spent a lot of time to build the goals besides save the money, which is pretty much only thing I can do now. There really have two big things surprise me. First, I almost ran out of money at end of February and I found I spent less than my expect. And where the all my money went? I check the bill that I never noticed and I know I spent too much times on little deals. I thought I saved hard but I still need to reduce the times I swipe my card. The second thing is I know I should have a lot of goals on my personal finance. I can arrange my money on every bill and start to invest something. I talked with my roommate about what project we can involve after go home.

B. I am basically just a college boy and I don't have any liabilities. Maybe I have too much if count I owed my parents too much. My current assets on 2/5 was 8716.65 dollars and the current ratio is zero? or nearby the 1940. My expense ratio equal 18000/16059=1.121. Debt ratio=18000/0=0, saving ratio=8716.65/1940.65=4.491

C. I know I had very bad habits never plan how much money to spend and keep it. To makes me more successful, I need to record the money I spend in the future and hold my card to avoid unexpected spend. Also, I should spend some money on cloth or something to improve the quality of my life. The internet bank is helpful and I have a lot of financial knowledge to learn. I am still afraid of stock market and insurance company.

D. Yes, from this project, I realized that I should choose Accounting as major even it is hard. The number are objective and clear, I have more complete sense of my financial situation. I still rely on my parents, I hope I can fill all forms on balance sheet when my finance goes independent.