1. Using Investment Information. Choose a current issue of Kiplinger’s Personal Finance or Money and summarize an article that provides suggestions on how you could use your money more effectively.
2. Using the Internet to Obtain Information about Money Management. As pointed out at the beginning of this chapter, it doesn’t make sense to establish an investment program until credit card and installment purchases are reduced or eliminated. While most people are responsible and make payments when they’re supposed to, some people get in trouble. To help avoid this problem, each of the following organizations has a home page on the Internet: Consumer Credit Counseling Service provides information about how to manage consumer debt ( cccs.net ). Green Path Debt Solutions provides counseling for people with debt problems. ( greenpath.com ). Choose one of the above organizations and visit its home page. Then prepare a report that summarizes the information provided by the organization. Finally, indicate if this information could help you manage your consumer debt.
3. Choosing Investment Alternatives. From the investment alternatives described in this chapter, choose two specific investments you believe would help an individual who is 35 years old, is divorced, and earns $27,000 a year begin an investment program. Assume this person has $30,000 to invest at this time. As part of your recommendation, compare each of your investment suggestions on safety, risk, income, growth, and liquidity.
