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To use your Money Market Account simply make a deposit. Banks offer these as a high interest savings account with more penalties for withdrawal or check-writing. The goal is to leave your money set and not withdraw it from the account.
I would personally put the money into a bank account so he can receive money while he's saving it
Any goal that is SMART (specific, measurable, attainble, realistic, timeable) within 2 to 5 years. Anything that relates to financial things (saving money, paying off loans, buying a car, ect..)
You can find a retirement saving calculator online, at the web page called Kiplinger. Their retirement saving calculator will help you estimate savings and determine how much more you need to save each month to reach your retirement goal.
The most appropriate goal of a firm depends on the industry. In very general terms, a firm is a business with a goal of making money. Another major goal of a firm could be to help people or benevolence of some sort.
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You can define goal setting in a few words that would sum it up, " Goals attainable". An attainable goal is one that should be in your sights as Goal Setting.
how he will make the money
Specific, measurable, attainable, relevant, and time specific
To prove that you are dependable, reliable, and responsible.
An Effective Goal is a Attainable Goal with hard work. a low aim never hit a high mark.
An objective that is based on money is a financial goal. It can be saving for a purchase, saving for college, or to reduce debt. People have short and long term financial goals.
An attainer is a person who attains, who accomplishes, achieves, or acquires knowledge of something.
The top five ways to teach a child the importance of saving money is by making a savings goal chart, offer rewards for them saving money, setting a good example, matching your child's own savings, and buying them a place to store the money they collect. You can also introduce them to a variety of free online games where they can learn the importance of currency by saving for in-game items.
SMART is: S= specific M= measurable A= attainable R= reliable T= time bound which aims for a goal to be (be it an organizational goal or a personal goal) the one which is specific, which could be measured, which could be attainable or the one that could be achieved..it shouldn't be just imaginary but a visionary goal and the one which one could rely on and could be attained in a specific period of time.
S - Specific M - Measurable A - Attainable R - Relevant T - Time sensitive (have a deadlline)