Selecting and Financing Housing
(Activities for Chapters 3 and 6)
Housing represents a major budget expenditure. This area of financial planning requires careful analysis of needs along with a comparison of the costs and benefits of housing alternatives.
Short-Term Financial Planning Activities | Housing Websites |
1. Compare your current housing situation with your housing needs and financial situation.
|  PFP Sheet 09
(34.0K)
| |
2. Conduct an analysis to compare renting and buying of housing.
| PFP Sheet 10
(48.0K)
|
3. Compare various rental alternatives as needed.
| PFP Sheet 11
(51.0K)
|
4. Determine your housing and mortgage affordability, and compare various sources of mortgages.
| PFP Sheet 12
(45.0K)
PFP Sheet 13
(50.0K)
| Long-Term Financial Planning Activities |
1. Monitor changing interest rates and assess refinancing alternatives.
| PFP Sheet 14
(54.0K)
|
2. Develop a plan for assessing housing needs and costs in the future.
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Investing in Bonds
(Activities for Chapter 6, 7 and 16)
Including bonds in an investment portfolio can help you achieve various financial goals when certain life situations, business conditions, and economic trends arise.
Short-Term Financial Planning Activities | Bond Investment Websites |
1. Assess various types of bond investments that might be appropriate for your various financial goals and life situation.
| PFP Sheet 21
(46.0K)
| |
2. Compare the recent performance of various corporate bonds that could be appropriate investments for you.
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3. Research the recent performance of federal government and municipal bonds. Determine how these might be used in your investment portfolio.
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| Long-Term Financial Planning Activities |
1. Identify bond investing situations that could help minimize risk.
| PFP Sheet 21
(46.0K)
|
2. Develop a plan for selecting bond investments in the future.
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