Stimulus Package Reflection

Reflection

The main points I learned this week how the stimulus package useful the economy and how it measures up by a government to stimulate a floundering economy. The objective of a stimulus package is to reinvigorate the economy and boosting employment and spending. Our Professor and classmate build upon our learning by discussing how a stimulus package is measures and put together by a government to stimulate the economy. We consider how the stimulus package might not generate long-term benefits. We spoke about the objective of the stimulus package and was it effective at that time.

The main point I found most important is to understand how spending might have a longer-term impact. I learn that there are two types

of financial goals immediate and long range. Quick goals focus on using your money today, while long-range goals deal with saving and spending over decades. In life one of the essential tools in building a prosperous financial future is learning to budget. Have a Budget helps you get the most out of your money. Saving money today affects what you spend now but also how much you’ll have later in life. Regardless of economic problems every consumer can benefit from creating and managing a budget. With this class, I learn the importance of long-term goals.

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