https://file.aiquickdraw.com/mathbot/file/1726873519394lms593pg.jpg

I can help fill out the chart based on the information provided in the image. Here's the breakdown:

### Assets:
1. **Checking account balance**: $1,550
2. **Savings/money market accounts, funds**: $700
3. **Cash value of life insurance**: Not provided, so "0"
4. **Other**: Not provided, so "0"

**Total liquid assets**: $1,550 + $700 = $2,250

### Household assets and possessions:
1. **Current market value of home**: Not provided, so "0"
2. **Market value of automobiles**: $4,600
3. **Furniture**: Not provided, so "0"
4. **Computer, electronics, camera**: $1,300 (value for Computer & iPad)
5. **Jewelry**: Not provided, so "0"
6. **Other**: Not provided, so "0"

**Total household assets**: $4,600 + $1,300 = $5,900

### Investment assets:
None provided, so all fields remain "0".

### Liabilities:
1. **Charge account and credit card balances**: $700
2. **Student loan**: $6,800

**Total current liabilities**: $700 + $6,800 = $7,500

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This provides a clearer financial picture for Jamie Lee. Would you like to explore more on how this affects her savings or further details? 

Here are some questions to think about:
1. How long will it take Jamie Lee to save for her $12,000 goal if she maintains her current savings rate?
2. What can be adjusted in her monthly expenses to accelerate savings?
3. What impact does the $700 credit card balance have on her overall financial situation?
4. Should she allocate more towards her emergency savings or her regular savings?
5. How might reducing entertainment expenses contribute to her long-term goals?

**Tip**: Reducing small recurring expenses, like entertainment, can significantly speed up your savings over time!

Learn how to calculate financial assets and liabilities based on Jamie Lee's current financial situation. This example covers checking account balances, savings, student loans, and credit card balances.

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