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Jamie Lee Jackson, age 24, has recently decided to switch fromattending college part-time to full-time in order to pursue herbusiness degree and aims to graduate within the next three years.She has 55 credit hours remaining in order to earn her bachelor’sdegree, and knows that it will be a challenge to complete hercourse of study while still working part-time in the bakerydepartment of a local grocery store, where she earns $450 a week.Jamie Lee wants to keep her part-time job at the grocery store asshe loves baking and creates very decorative cakes. She dreams ofopening her own cupcake café within the next five years. She alsorealizes that by returning to school full-time she will forgo anyfree time that she enjoys now socializing with friends. Jamie Leecurrently shares a small apartment with a friend and they split allof the associated living expenses, such as rent and utilities,although she would really like to eventually have a place of herown. Her car is still going strong, even though it is seven yearsold and she has no plans to buy a new one any time soon. She iscarrying a balance on her credit card and is making regular monthlypayments of $45 with hopes of paying it off within a year. Jamiehas also recently taken out a student loan to cover her educationalcosts and expenses. Jamie Lee also began depositing $1,250 a yearin a savings account that earns 3% interest, in hopes of having the$5,000 down payment needed to start the cupcake café one year aftergraduation.Current Financial Situation:Checking account$1,360Emergency fund savings account$3,650Car$5,100Student loan$6,500Credit card balance$400Gross annual salary$2,400Net monthly salary$1,670Based on her personal and household needs and values, use thedrop-down menus in each cell below to identify Jamie Lee’sshort-term financial goals, intermediate and long-term financialgoals, and non-monetary goals.Based on her personal and household needs and values, use thedrop-down menus in each cell below to identify Jamie Lee’sshort-term financial goals, intermediate and long-term financialgoals, and non-monetary goals.*Short-term Monetary Goal:1-Description 2- Amount needed 3-Months to acheive 4-Action tobe taken 5-Priority*Intermediate and long-term Goals1-Description 2- Amount needed 3-Months to acheive 4-Action tobe taken 5-Priority*Non-Monetary Goals1-Description 2- Amount needed 3-Months to acheive 4-Action tobe taken 5-Priority
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