GROUP REFLECTION

PROJECT: Financial Planning for Janella

My Group Members:

Today, you and your group will finalize your decisions for Janella’s budget and prepare to present your recommendations for her financial planning.

TO DO:

 FINALIZE Janella’s Monthly Budget document on page 40. Use the notes Janella provided to determine the cost per month of each of her expenses. For expenses that

Janella did not share the cost of, you can use Google or another search engine to look up average costs in her area.

 FINALIZE your financial recommendations for Janella. Use the Financial Planning

Presentation Chart on the next page to start putting together your presentation for next session.

 During the next session, you and your group will present your budget recommendations for Janella to the cohort. PLAN and ORGANIZE how you will present to the group. You may choose to make a poster, PowerPoint or just prepare to talk through the budget without a visual aid.

 Extra Time? Review the article “Risk Tolerance, Risk Capacity, and Risk Alignment: How to

Take On The Right Level of Risk” By Marguerita M. Cheng on page 73.

Financial Planning Presentation Chart:

Group Members:

What are Janella’s main sources of income?

What were the main decisions your group made in regards to Janella’s budget?

What are Janella’s largest expenses?

Were there any expenses Janella has that you are recommending she cut out? What was the hardest part of completing Janella’s budget?

What do you believe is the most important recommendation that you will present to Janella today?

Other presentation pieces?