Personal Finance Project

1) What did you already know? I already knew that when people put their money in the bank, they get interest. Interest gives the banker more money.  2) What did you learn? (from the project? from your parents?) To become a millionaire, you need lots of time. Without banks, becoming a millionaire will be really hard. During the project, I saw that a lot of the money that makes you a millionaire is interest. I also learned that 5% interest makes a big difference. 3) How might this affect what you do in the future? This projects might affect me in the future because I am now aware of how saving in a bank gets you interest. Interest gives you more money. 4) What was your favorite part about the project? Least favorite part? My favorite part was when I didn't have to do the math and the spreadsheet would do it for me. Like when you drag the numbers down. It saves a lot of time. The least favorite part of the project was when the spreadsheet wasn't working right. Links Worksheet Spreadsheet Presentation