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Explain three steps an eighth grader should take to create a college savings plan if she is interested in attending a two-year job training program.

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edgeunity sample response:
 First, the student should estimate the cost of attending a two-year program. Then she should plan to save part of that cost. Finally, she should determine how much to budget for periodic deposits.

michell96

There are several steps to create a college savings plan

To create a savings plan it is necessary to take into account the following aspects:

  • Money received monthly (it can also be weekly, yearly, daily)
  • Money spent monthly (can also be weekly, yearly, daily)
  • Money required for the savings goal (value of the two year job training program)
  • Prioritize expenses

After taking these aspects into account, you must follow the following steps:

  • Save as much money as possible per month
  • Divide the amount of money required by the time you have to save it
  • Reduce unnecessary expenses to have more savings capacity

After following these steps it is much easier to save the necessary money.

Learn more in: https://brainly.com/question/6565037

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