Young Money Assignment Form Complete the Table based on the book Young Money: A Powerful 5 Step Money Plan to Financial Success Now by Todd Romer and answer the questions and comments below. Chapter...

Young Money Assignment Form
Complete the Table based on the book Young Money: A Powerful 5 Step Money Plan to Financial Success Now by Todd Romer and answer the questions and comments below.
    Chapter
    Summary of Content
    1
    Todd Romer focuses on the importance of dreams. According to him, it is the first step that initiates a firm attitude to accomplish the extra-ordinary. One should never-give-up on their dreams and keep chasing it despite failures. The failures should be the reason to drive their enthusiasm in achieving it.
    2
    Dreams are the first step while saving or paying remains the second. One must save money to pay themselves whenever needed. It acts as a lifesaver during emergencies (Goldman Sachs Elevator, 2014).
    3
    As money remains important, one should spend it wisely. Track the expenses and use it only when necessary. Todd Romer suggests that instead of spending money buying useless things because of its attractive features, find out the need to buy it.
    4
    Saving money at the right time has its benefits. The sooner the saving or investing, the more money one can have towards the ending. It is well explained by Todd Rummer in a visual format to understand the importance of saving. He also suggests people and app called Acorn for the same purpose.
    5
    Money can’t buy happiness. Although collecting and investing is a part of the 5-step plan, but sharing and giving is human nature. Making others happy is a part of living a happy life.
    6
    Contradictory to the 5th Chapter, money can buy choices. It affects the type of choices one makes. Therefore, one must make a wise choice while sharing money for happiness.
    7
    This chapter focuses on the importance of insurance. While making a big purchase like a car or house, insurance helps to deal with incidents, if any occur.
    8
    Digitization excites this...