Question

What is one financial goal that you have? How do larger economic factors influence your pursuit of this goal?

Answer 1

A financial goal that I have is to have a well-paying job as I get out of high school so I can afford to go to a University of my choice. This way I won't be in crippling debt and have to take out massive student loans. However, inflation as well as taxes will influence this. Income taxes will force me to have to give up some of my hard-earned money, which will significantly reduce the amount of money I actually make.
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Answer 2

One financial goal that i have is to support myself when i'm eighteen.
Larger economic factors influence the purchasing power of the dollars I have. Inflation of our currency reduced that purchasing power so it, in effect, takes from me what is mine without my permission. The more I rely on Federal welfare and retirement programs, the more dependent is my family's welfare on our government officials - elected or not.