Q (Know Your Current Financial Situation) – Using the selected articles and other credible outside sources, answer the challenge of this assignment. Take an honest look at your entire financial situation. Using the charts within the weekly article, determine and describe your current net worth by comparing your current assets (what you own) compared to your current liabilities (what you owe). Now, track and identify your typical monthly income and a typical month of expenditures. Next, identify the amounts you would be able to save on a monthly basis. Furthermore, declare the types of investments you would use within your portfolio. Finally, if you were to assume an average 10% gain per year, calculate and project the amount of savings you would accumulate by the time you turn 65 years old (a typical retirement age). State whether your financial plan meets your expectations. If your plan does not meet your expectations, what options may you have better your financial plan? Using the following “Guidelines for Writing Papers”, develop and upload your 3-5 academic paper before or by the end of Week 2. Guidelines for Writing Papers Your papers should be: • word-processed using Microsoft’s Word (extension .doc or .docx) • double-spaced Your papers should have: • one-inch margins • a font size of 12 • a cover page that includes your paper’s title, your name, the date, and the course identification • an introduction that states the purpose of the paper, and provides a roadmap of the paper’s contents • paragraphs that develop and support your ideas • section titles or headings, that help to organize your presentation • a conclusion that summarizes the paper • a logical flow • smooth transitions between ideas • in-text citations and a reference (bibliography) page using APA style (no footnotes) No grammatical, punctuation, or spelling errors Rubric Written Assignment Written Assignment Criteria Ratings Pts This criterion is linked to a Learning OutcomeIntroduction/ Background Info 20 pts Excellent Exceptional intro with thorough background information that is well developed and Definitive assessment information with examples 17.5 pts Good Proficient intro that states topic, Clearly describes background information with Sufficient assessment information 15 pts Fair Adequate intro that states topic and basic background information and limited assessment information 10 pts Poor Weak introduction of topic, Little background information and Lacking assessment information 20 pts This criterion is linked to a Learning OutcomeQuality of Information/ Evidence 20 pts Excellent Paper is exceptionally researched, has strong and accurate details and noteworthy critical evidence and examples from 3 or more sources 17.5 pts Good Paper is well researched in detail with accurate and critical evidence from the required 3 sources 15 pts Fair Some aspects of paper are research with some accurate evidence from 2 sources 10 pts Poor Limited information on topic with lack of research, details or accurate evidence 20 pts This criterion is linked to a Learning OutcomeOrganization/ Development of Ideas 20 pts Excellent Exceptionally clear and logical organization; thorough development of ideas; strong support of topic with solid transitions between ideas 17.5 pts Good Clear and logical order of ideas that supports topic with good transitions between paragraphs 15 pts Fair Somewhat clear and logical development of ideas with adequate transitions between ideas and paragraphs 10 pts Poor Lacks clear and logical development of ideas; weak transitions 20 pts This criterion is linked to a Learning OutcomeConclusion 20 pts Excellent Excellent summary of topic (with no new topics introduced); with strong follow up; conclusion based on evidence; final statement that leaves an impact on readers 17.5 pts Good Good summary of topic, and all subtopics with clear concluding ideas 15 pts Fair Adequate summary of topic, some subtopics with some final concluding ideas 10 pts Poor Lack of summary of topic, topic and subtopics with weak concluding ideas 20 pts This criterion is linked to a Learning OutcomeDescription of criterion Paper Appearance, Formatting, Length, and Language use 20 pts Excellent Meets minimum length, including a title page, proper spacing, required font size with Very clear evidence of solid knowledge of grammar, spelling, usage, and paragraphing with limited errors 17.5 pts Good Lacks one of the following; meeting minimum length, including a title page, proper spacing, required font size, with Basically clear with few errors in grammar, spelling, usage and paragraphing 15 pts Fair Lacks two of the following; meeting minimum length, including a title page, proper spacing, required font size, with Some errors in grammar, spelling, usage and paragraphing 10 pts Poor Lacks three or more of the following; meeting minimum length, including a title page, proper spacing, required font size, with Inconsistent grammar, spelling, usage, and paragraphing through the paper 20 pts Total Points: 100 PreviousNext