Click to go to the class home page Week 6: Understanding Investments Click to go to Dave Ramsey's FPU Page

This Week's Assignment, etc.
Understanding Investments teaches the difference between Stocks, Bonds, Mutual Funds, CDs, Annuities, and WHERE WE CAN GET the very BEST RETURN on OUR HARD EARNED MONEY.

Remember, the best way to begin investing is to be OUT OF DEBT first, enabling you to use your best wealth-building tool, your income.

This Week's Homework:

  1. Read Chapters 11 and 12 in Financial Peace Revisited
  2. Finish up your May budget using Sheets 5 (monthly cash flow plan) and 7 (allocated spending plan)
  3. Complete the 2nd column of your Financial Snapshot sheet.

For extra credit <g>, check out Mary Hunt's "Intelligent Borrowing or Stupid Debt" from Focus on the Family. I'll keep the link to this excellent article over on the "Links" side of the page for future reference.

Worksheets from the FPU Workbook for this lesson
FPU_Sheet_5_Monthly_Cash_Flow_Plan.xls This is the Cash Flow worksheet ("Sheet 5" in the workbook) alone. It is included in FPU Worksheets.xls, as well.
FPU_Sheet_7_Allocated_Spending_Plan.xls This is the Allocated Spending Plan worksheet ("Sheet 7" in the workbook) alone. If you get paid more than once per month, you NEED to fill out this sheet using the amounts in Sheet 5!


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