...Introduction: Money is involved in many things and situations around the world; every person had experienced, even once, to see and to hold money, so it’s indeed a big part of everyone’s life. It can be in the form of metal coin or piece of paper, but people value this thing to sustain their everyday needs like food, water, and clothes. One can’t just go to the market to buy foods if he/she doesn’t have money right? It can also provide things for people’s satisfaction like gadgets, appliances and accessories. There’s an idiom in which it stated that “money doesn’t grow on trees”, meaning a person should be careful of how much money he spends because there is only a limited amount. However, there are ways on how earn it. What are jobs for? Earning money involves having a job, that’s why people are using their skills in order to find a decent job that will give them high salary and support his and his family’s financial needs. People of young age, especially teenagers, are going to school, learning many things and preparing of having a job or profession in the near future. In order for this to work out, parents are supporting their financial needs; they are giving allowance to them whenever they are going to school. In this study, allowance is the main topic to be discussed; its definition, importance, purposes, problems associated with it and the ways on how to resolve it. 1.1 Background of the Study: Allowance, or ‘baon’ as what Filipinos...
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...The Money! Mom! Can I have this? This is something my parents were constantly hearing from my sister and I before we started getting an allowance. Now the question here is whether or not children should get an allowance? In my opinion, I think children should get paid a weekly, or monthly allowance for doing chores around the house. Such as keeping their room’s clean, laundry, dishes and whatever else they are capable of doing. Sooner or later they will become adults and need to learn how to earn and spend their money in a wise way. An allowance is a way of teaching children responsibility, independence and most importantly money management. By giving your child an allowance, it will teach them responsibility. This is something every child needs to learn to be successful in life. If giving your child an allowance depends on whether or not they finish their chores, they will learn that skipping them doesn't pay. It will also teach them that the only way to get money is to earn it. Some kids need the motivation to get their work done. If the allowance is like a paycheck, then most kids would be more willing to take out the trash and complete whatever other chores they may be assigned. Having a good sense of responsibility will later help children, especially when they are in the process of getting a job. It would also help children realize, things won't be handed to them on a silver platter, which will help them be more motivated to get it for themselves. An allowance is...
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...introduced a special feature that lets you save it in Adobe Reader 8.1.2 and later. This means that you no longer have to complete the form in one session. This form will only work if you: • save it to your computer, then � • open it in Acrobat Reader version 8.1.2 or later. � The form will not work in: • older versions of Acrobat Reader • other pdf readers, for example Preview on a Mac or Foxit on a PC • your web browser window. If you are having technical difficulties: • downloading the form • Navigating around the form, or • printing the form Please contact the eService helpdesk. Phone: 0845 601 80 40 Minicom (textphone): 0845 601 80 39 Email: eservicehelpdesk@dwp.gsi.gov.uk Opening hours Monday to Friday: 08.00am - 09.00pm Weekend: 08.00am - 04.00pm Closed on all Public and Bank Holidays. For help and advice on the information you need to put on the form or about the benefit you want to claim, contact the office that deals with the benefit. Go back We would like your feedback about this PDF claim form We would like your feedback about this form. We will use any comments to improve future versions. Please email your comments to: forms.feedback@dwp.gsi.gov.uk HCTB1 notes 04/13 Housing Benefit Notes for filling in the claim form for Housing Benefit • • • • • • • • • About this form About Housing Benefit Local Housing Allowance Proof Filling in the form If you need help to fill in the form What to do next How your local council collects and uses information...
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...thought to finances, relationships, or a job. We would be feckless. This paper will touch on how personal responsibility should be taught to children, how it can be used toward college success, and how to apply it to the work environment. How personal responsibility should be taught to children First, personal responsibility is something that needs to be taught to children. Parents should give their children chores to have them pull their own weight. They should take out the trash every week, wash dishes, mow the lawn; do something of importance that helps out around the home. Children have wastes so they should empty the trash cans. They dirty the dishes with food, so they should wash them. They need to be taught to take of their home, so they need to mow or do some gardening. Of course, the little ones probably will not like it because it will take them out of their comfort zone, but it is all about teaching them values and character. Parents should do this so their children can learn personal responsibility and be prepared for when they get out on their own. Furthermore, personal responsibility can be taught to children by giving them allowances. It teaches them to save money and how to budget. As soon as a child is old enough to know that he or she needs money in exchange for things wanted, that is the time to start an allowance. With that, parents should discuss what the allowance will cover, consequences of wastefulness, and when to give to charity. Children need to be...
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...CONTENTS Your References ....................................................................... i Pay and Allowances ........................................................ 1 Basic Pay .................................................................... 1 Basic Allowance for Subsistence (BAS) ...................... 1 Housing Allowances .................................................... 2 Basic Allowance for Housing (BAH) .................... 3 Transit Housing Allowance (BAH-T) .................... 3 BAH Partial .......................................................... 3 BAH Differential (BAH-DIFF) ............................... 3 Family Separation Housing - BAH (FSH-B) ......... 4 Overseas Housing Allowance (OHA) .................. 4 Family Separation Housing - OHA (FSH-O) ........ 4 Assignment Incentive Pay (AIP) .................................. 5 Hardship Duty Pay – Location (HDP-L) ....................... 6 Cost of Living Allowance (COLA) ................................. 6 CONUS Cost of Living Allowance (CONUS COLA) ..... 6 Family Separation Allowance (FSA) ............................ 7 Family Subsistence Supplemental Allowance (FSSA) . 7 Dislocation Allowance (DLA)........................................ 8 Temporary Lodging Allowance (TLA) .......................... 8 Temporary Lodging Expense (TLE) ............................. 8 Adoption Reimbursement Expenses ............................ 9 Dental Insurance ......................................................
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...to buy something with your own money. Kids today get paid money for chores finished correctly or excellent behavior. Getting an allowance teaches kids how a job works, and how to make a living. Doing work correctly and getting paid are some key factors to become successful. It provides much experience until adulthood as well. Moreover, the rewards to have these experiences are best to savor. The feeling of hard work and rewards is something to cherish. There are many advantages to earning your own money such as feeling responsible, becoming more grateful, and becoming a good adult for the future. First, responsibility is very important in life, primarily when young.When you earn money the cause is when chores are done correctly or there is a well accomplished behavior. In addition, if kids finish up chores and treat their parents and others with respect, then they would be turned into a respectful, and responsible adult. Responsibility also comes with improvement towards chores or behavior. Kids advance within the 18 years, so the chores should be kept to complete during the day, and behavior excels. Furthermore, this comes to managing the items bought...
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...by the long term financial goals using the smart goal setting guideline which is important for the financial plan to be on track and achieved it in the future. Then, an environmental scanning and analysis on the politics, economy, social, and technology which is relevant to the goal. In addition, an analysis on opportunity cost have been done by comparing personal and financial opportunity cost. Followed by action plan regarding how the financial plan is carried out. In addition, contingency measure on the action plan. Finally, a conclusion on the whole financial goal. Personal Data Name: Farah Dheeba E-mail: f.dheeba@yahoo.com Current Financial Position Currently a college student, not taking up any part time job either. Presently being fully financially support by parents. They paid for all the fees and gave allowance too. In order to lessen their burden they are few things that I do. Nowadays, it is impossible to live without laptops and smartphones; it is a necessity. But these types of gadgets have their own brands and prices range from affordable to expensive. Therefore, it is important to bear in mind that I’m a college student and I don’t need to keep on updating to a new device on every new release. I just need to pick a laptop that can last up to three to four years. Furthermore, I’ve learned my lesson on something. I used to think that since I’m in college I just need to buy things that are cheap as possible. I’ve made these mistake few times and realized that...
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...Tamashea Hawkins June 2, 2005 Abstract The most important life-long learning experience that I have had to deal with is financial responsibility. Understanding the value of money is something that is not learned overnight. Learning to budget properly, save for my future, and live within my means was a very difficult and long learning process. Although I have never been late on any bills, faulted on any loans, or been penalized by any financial institutions for insufficient funds for payment transactions, there were times that at the end of a pay period I found myself rolling change for groceries. I soon began to realize that if I wanted to get ahead I needed to educate myself on realistic financial goals. Whether it is savings for short or long term financial goals, investments into retirement’s accounts to augment my military pension, or buying a home to live the American dream of living without having to pay rent. These are just a few of the things that I needed to understand and set my goals to accomplish. Life-long Learning: The Really Valuable Experience in My Life Money seems to be one of the biggest necessities of life, it seems that the more money you earn, the more you spend. I woke up one day and realized that if I continued to live the lifestyle that I was living, I would retire from the military after 20 years and have virtually nothing of monetary value. This was not a path I wanted to continue, I wanted to ensure that after 20 years of service to my...
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...utilized in this research. Thematic Approach of Discussion Budget, Savings, etc., what are the definitions of these terms? According to an article entitled “Financial Literacy to Everyone” at www.practicalmoneyskills.com, budgeting is plan for your future income and expenditures that you can use as a guideline for spending and saving. Budget came from the old French word “bougette” which means purse. It is practically, a plan and list of all planned expenses and revenue. It is a plan for borrowing, saving, and spending. So why Budget? An average student spends his allowance for books, student housing, tuition fee, and food. These are all expenses encountered not only by students but, in general, most of the people in the world. There are generally three types of expenses usually faced by students, the Academic, Living, and Personal Expenditures or Costs. Academic Costs are usually what eats up the total budget of students. It contains the different expenses that are required in able to carry out a student’s academic life. It varies from tuition fees until the very miniscule expenses utilized for photocopying hand-outs from your professor. Living Costs, on the other hand, are expenses that a student need for day to day living however, indirectly related to academics. These include your expenses in utilities (e.g. electricity, water, and internet bills), personal care expenses (shampoo, soap, etc.), and clothing and food expenses. Lastly, Personal Costs are expenditures that...
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...INTRODUCTION About Money Plant Consulting Money plant Consulting facilitates outsourcing the non-core activities and provides knowledge-driven financial services. Money plant Consulting is a premier outsourcing & a financial services provider which aims to offer solutions for financial needs and queries of individuals. They are a leading wealth management, capital markets and advisory company with over 06 years of consulting & investing experience. Money plant Consulting was promoted by Mr. Rishabh Parakh (Director). He holds a professional degree of CA from the Institute of Chartered Accountants of India. He started Money Plant Consulting with an aim to outsource the non-core activities of corporate clients and to offer personal income tax/ financial market related services to individual clients. Since its Inception they have been successful in providing seamless service and significant advantage for clients with their extremely competent team of qualified professionals comprising CA's and MBA's & in house Knowledge pool of financial markets, instruments and products. Their aim is to ensure that clients benefit from the professional expertise, technical knowledge and experience. They have been recognized for expertise in the financial arena by highly reputed institutions and clients. They strive to provide transparent, ethical and research-based investments and wealth management services. CORE FUNCTIONS OF MONEYPLANT CONSULTING For IT Company Employee ...
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...Macro economics Project on INFLATION -SUBMITTED BY CHIKKAM.SAI ALEKHYA DANNY VARGHESE DEEPAK SAKTHIVEL DEEPTHI MOHAN GIRISH GANGADHARAN TABLE OF CONTENTS * Inflation * Measures of inflation * Measures of inflation in India * CPI Types * WPI * Calculation of WPI * New series of CPI * CPI Urban/Rural * How Inflation is related with GDP? * Relationship between broad money supply and WPI/CPI * Announcement of hike in DA for government employees cause inflation? * Impact of elections on inflation * Hypothesis testing for elections and inflation * References INFLATION An increase in the average level of prices of goods and services. Primarily, two types of price indices used are – Wholesale Price Index (WPI) and Consumer Price Index (CPI). Inflation measured through wholesale price index is called wholesale price inflation or headline inflation and inflation measured through consumer price index is called consumer price inflation. CONSUMER PRICE INDEX (CPI): It is more relevant to the consumer, since it measures changes in retail prices. The Consumer Price Index represents the basket of essential commodities purchased by the average consumer – food, fuel, lighting, housing, clothing, articles etc. Inflation measured by using CPI is called consumer price inflation. There are three measures of CPI, which track the cost of living of three different categories of consumers— Industrial workers (IW) Agricultural...
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...producing the energy, air pollution comes into play. Pollution has many side effects for many people. As policy makers we need to find a way to reduce the pollution being emitted into the air. One solution could be a Cap and Trade policy. This would mean the government would sell allowances or permits to the plants. This would allow so many units of pollution to be emitted. If the plant had one hundred permits or allowances, the plant could emit one hundred units of pollution. The government puts a cap on the number of allowances or permits sold to all plants. Depending on the cost of the permit, the plants can decide on how many they should try to get. If the permits are sold at $28 each and the cost to a plant to eliminate pollution is $25, buying the permits would not be feasible to buy. If a plants cost of eliminating pollution was $35, it would be feasible for the plant to try and gain a permit at $28 because this would save the plant money. This can help reduce emissions by allowing plants to release a certain amount and having repercussions to the plant if they release more than paid for. Most plants are not going to want to pay more than they have to considering they are in the business to make money not give it away. Another solution to lower pollution would be the Corrective Tax policy. The government would be able to tax and put a price on the right to pollute (Krugman, 2009). The higher the tax and price the plants would have to pay would lower the pollution each plant...
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...Khernylie Ilahi ,Zarah Jane Parocha ,Thryzze Abby Amabao , Mary Jane Cal ,Jeruence Paul Rabadon , Ezekiel Balino, Leah Peña, Jamaica Introduction Food define as a material consisting essentially of protein, carbohydrate, and fat used in the body of an organism to sustain growth, repair, and vital processes and to furnish energy such food together with supplementary substances (as minerals, vitamins, and condiments) For our research we focus on a fast food restaurant, also known as a quick service restaurant (QSR) within the industry, is a specific type of restaurant characterized both by its fast food cuisine and by minimal table service. Food served in fast food restaurants typically caters to a "meat-sweet diet" and is offered from a limited menu; is cooked in bulk in advance and kept hot; is finished and packaged to order; and is usually available ready to take away, though seating may be provided. Fast food restaurants are typically part of a restaurant chain or franchise operation, which provisions standardized ingredients and/or partially prepared foods and supplies to each restaurant through controlled supply channels (UrbanDictionary.com.ph). The world economy has become fast-paced, and this has forced people to transform their lifestyle in order to adapt to the changing pace. Family structures have evolved drastically with modern mothers having outside careers rather than being housewives. Granted such mothers get out of work worn out with little strength to...
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...MONEY MANAGEMENT Many young people face the dilemma of learning how to manage their money. Due to this, they often find themselves in debt or unable to support themselves. I have learned a few ways to keep myself from falling into traps that may cause me to be in debt or with no money. I have found that if I create a budget, make a list of my necessities, and set financial goals, I am able to avoid financial snares. Create a budget, this allows me to have certain amount of money in a week to spend. A way of doing this is by setting aside a specific amount of my allowance spending and save the rest. I specify the amount of money I will need to spend monthly and I try not to go over my specified budget. Another way deciding how much money I want to spend on certain things. I try to find the best bargains possible. If there is something that I want and it is expensive, I try to wait and save up in order to buy the specific thing. By doing this, I do not have to go into my savings in order to buy something that was not needed immediately. A major factor of sticking by my budget is learning to say no. I try to avoid places where I may be tempted into overspending. In addition, I avoid associating with people who like to spend their money without considering the consequences. Making a list of necessities is another effective way of managing money. I can do this by deciding what things would be needed and what is not needed. In. This way I can be sure that I am spending my money...
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...to reduce their tax liability. There are many different types of business structures and strategies for how a successful business should be run, but one thing is certain -- across the board -- everyone is looking for ways to save money! Here are four tax strategies that can help any small business or entrepreneur save money: 1. Use your startup costs as a deduction. Starting a new business can be really exciting, but it can also be time consuming and expensive. Fortunately, the IRS provides a tax break by allowing you to deduct up to $5,000 of your initial startup costs in your first year of business. This deduction allows you to reduce your taxable income, both for income tax and self-employment tax, which includes Social Security, and Medicare tax. Typical startup costs include things like purchasing equipment, supplies, and operational fees, but the rest of your startup costs should be depreciated over 15 years. 2. Use the special depreciation rules to take larger deductions. When you purchase large items for your business -- items you expect to use for more than a year -- you generally cannot deduct the entire cost in that year. Instead you must depreciate the items and take a portion of the cost on your tax return each year. To get around this and deduct a larger amount in the year of purchase, you can use the special depreciation allowance. This allowance lets you take 50 percent of the cost of the item as a deduction in the year of purchase. This rule applies...
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