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Final Reflection - Sydney

Throughout this course, I have more than doubled my knowledge on managing finances and the meaning of investment and real estate. At the beginning of this J-Term, I thought real estate was owning property because you had the money to own multiple properties. Little did I know that is not only not the definition, but there is so much more to it that I didn’t know. I now know that I am actually interested in real estate; maybe not as a career, but definitely as a hobby or side job. I knew that investing was always important when it comes to making money, but I never knew strategies to help me make money other than save up in a bank account. Investing towards retirement, asset allocation, the bull put, stocks, bonds, these are all things I knew nothing about, and now I at least have an idea about what they are.

I would say that most beneficial thing I got out of this J-Term was that I learned different aspects of financial
literacy that I will be using for the rest of my life. I know what an IRA is, emergency fund, taxes and insurance,
and I know when the ideal time is to start investing. Even though our budgets we made for our lives were not very
realistic, I really appreciated the practice and exposure it gave me with what money I could be making, and how I
might be spending my money when I’m older. I am very paranoid about me not having enough financial resources
for my family when the time comes, and this course has helped me realize that one, I’m not going to have it all
figured out right now and that’s okay, and two, as long as I start investing young and live below my means, I’m not
going to go broke. Overall I would say this course helped introduce me to a lot of new things relating to managing
my finances and I personally really appreciated a lot of the unique things we did in this course.

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