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____ [38]
3 years ago
12

When it comes to saving money, what is a good rule of thumb

Business
2 answers:
Mamont248 [21]3 years ago
7 0
Buy what u need when u need it not what u want when u want my dad always said

Dmitry [639]3 years ago
6 0

I've had a real hard time with trying to save money. I've always spent more than I had really.

Something I've always heard is to pay yourself X% of your paycheck. I've never really don't that because I've always used my money no matter what.

Now I'm in a crunch where I need to save up some money. Build up a savings so to speak but am having trouble doing that. I am bad about managing my money.

Any ideas that I should incorporate? I have always thought about opening a second bank account for savings so I don't have access but don't want to spread myself out too thin.Biggest tip for saving money: Stop spending.

Until you learn some self control, hints and tips and tricks won't work because you'll still know the money is there and you'll still have access to it Here's two steps:

<span>Figure out where you are spending money unneccesarily (bars, resturants, eating out for lunch, video games, toys, etc)Reduce that spending</span>

The best way to do step one is to use a service like mint, or to just keep all your reciepts and tally them up at the end of the month, I'd recommend the first.

Budgeting isn't neccesarily about saving the maximium amount of money possible, it's about managing your money and making an active longer term decision about where you want to spend it. You are currently making short term passive decisions. 

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A stock you own earned: $200, $500, $100, and $700 over the last four years. What was the mean annual gain in value over the fou
Sphinxa [80]

Answer:

$375

Explanation:

A stock you own earned: $200, $500, $100, and $700 over the last four years.

We need to find the annual gain in value over the four years. We know that,

Mean = sum of observations/total no. of observations

Put all the values,

M=\dfrac{200+500+100+700}{4}\\\\M=\$ 375

So, the required mean annual gain is equal to $375.

6 0
2 years ago
Metlock Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. 1/1 - Beginn
bixtya [17]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

1/1 - Beginning Inventory (Quantity 1,000 - Price/Cost = $12)

2/4 - Purchase (Quantity 2,000 - Price/Cost = $18)

2/20 - Sale (Quantity 2,500 - Price/Cost = $30)

4/2 - Purchase (Quantity 3,000 - Price/Cost = $23)

11/4 - Sale (Quantity 2,200 - Price/Cost = $33)

Units sold= 4,700

1) Periodic - FIFO

COGS= 1,000*12 + 2,000*18 + 1,700*23= 87,100

2) Perpetual - FIFO

COGS= 1000*12 + 1500*18 + 500*18 + 1,700*23= $87,100

3) Periodic - LIFO

COGS= 3,000*23 + 1,700*18= $99,600

4) Perpetual - LIFO

COGS= 2,000*18 + 500*12 + 2,200*23= $92,600

5) Periodic - weighted

Average price= (12 + 18 + 23)/3= 17.67

COGS= 4,700*17.67= $83,049

6) Perpetual - weighted

COGS= 15* 2,500 + 17.67*2,200= $76,374

3 0
3 years ago
24. Armin is trying to decide whether to buy a season pass to his college basketball team’s 20 home games this season. The cost
aksik [14]

Answer:

13 Home games

Explanation:

A season pass cost for home games =$175

Individual ticket per game    =$14

For season pass to be less than  total home game tickets  

i.e $175 must be than ($14 X Homegames )  

i.e 175 = 14XHG

    HG=   175/14=12.5 Approx. 13 games

    Total cost of 13 games is ($13X14)=$182. {$175 is less that $182}

Ardim must attend 13 games.

8 0
3 years ago
What can the fair test help you avoid?
marishachu [46]

Fair test can help you avoid wrong answers as they are used in finding right answers in research.

<h3>What is fair test?</h3>

Fair test is used to investigate in research, the researcher keeps some variable as constant while other are changed and not constant to get effective answers. Fair test can be used to generate accurate answers in research.

Therefore, fair test can help you avoid wrong answers as they are used in finding right answers in research.

Learn more on fair test below,

brainly.com/question/6791607

#SPJ11

5 0
1 year ago
Read 2 more answers
The ratio of shareholders funds to total assets of the company is called?​
mario62 [17]

Answer:

share holder equity

Explanation:

it indicates how much of company's assets have been generated

3 0
2 years ago
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