...you how to manage them wisely. However, it’s difficult to find an affordable, competent and credible financial planner. Some people ask their friends or colleagues for referrals, others use a CFP, broker, tax accountant or insurance agent. Choosing the wrong finance specialist can put you into higher cost investments that will benefit him more than it will benefit you. You should never trust anyone with your hard earned money. Here are some tips to find a competent financial consultant to help you plan the best financial life course for...
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...1/14/2014 Robin Hood Case 1. Robin Hood has brought upon himself many ethical and financial problems in this case. By being the leader of the merrymen, he has started his own organization where he “robs from the rich and gives to the poor.” At the start of his mission he welcomed everyone to join his organization and mission, to give money to the poor and stop the sheriff of Nottinghams outrageous tax scheme. However, now he is facing a dilemma and it seems he has lost focus of his original plan. His original plan was to acquire enough trustworthy merrymen in order to have the strength in number to take down the sheriff of Nottingham, however, now he is facing the dilemma of having too many merrymen, which is causing a shortage on food and resources. He is facing the issue of whether or not he will have to start taxing his own merrymen in order to keep sustain enough money to buy food and resources. This is an ethical issue he is being dealt with, since this is the very same reason he is trying to put a stop to the sheriff of Nottingham. The other big issue he is facing is his rapid growth in merrymen. People kpt coming to him seeking revenge against the sheriff and joining his band. Another big problem with having such a large group of men was that Robin Hood didn’t “recognize have of the men he ran into.” Prince John had many spies and Robin new that it was only a matter of time that he would slip up and invite a couple of spies into his group of...
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...Introduction a. Working for my own money during my high school year’s felt great. b. Even though it did take time from my school work, I learned how to manage my time. c. Some people may think that having a job throughout your high school year may distract you and bring your grades down; I think otherwise, because it shows students responsibility, time management, and how they can save up for their future expenses. II. Responsibility a. Getting a job at a young age shows students responsibility because they learn how hard it is to work for their own money rather than someone giving them what they ask for. b. Being punctual is a huge responsible quality that students learn when they begin working. c. A responsibility of having a job helps students prioritize their time. III. Time management a. Time management is another responsible quality that students learn from because they learn how to multi- task and make the most out of their time. b. When having a job students tend to plan out what they have to do with their free time so they can complete any task that has to be done before their deadline. c. Learning how to manage time at an early age is important because the sooner students learn how to manage time the better, because by the time students leave for college they will know how to manage time. IV. SAVING UP A. A student working for their own money always shows them how to spend their money wisely and how to rely on themselves...
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...How to spend money wisely Have you ever been emptied your pocket? I would feel it so uncomfortable when I need to purchase for the necessary things. Hence, spending money wisely is always a good idea, no matter how much we have. The next question is how I could save our money smartly. It might be easy to read or hear from others, but it’s really hard to follow up. Personally, overspending my purchases on anything that unnecessary stuffs was my weakness. However, experiencing to plan it as steps to follow; such as, questioning on any purchases, intelligently managing my money, and wisely purchasing helped me to save up to thirty percent of my every single paycheck. Moreover, bringing myself a financial plan. Normally, financial experts suggest us to chase after our financial plan to know where exactly our money is going. It sounds complex a bit, but I believe it helps us much. I am bad with keeping my receipts for any cash spending, so I got suggested to remember note them out in my notebook or the note on my phone for how much cash that I already purchased for the day. It helps me a lot to create my monthly expenses, the information that I harvest, so I could decrease my expenses and I would know exactly how much I could save. Then, avoiding to be impulse purchasing. First of all, with respects for any pennies I made by hours, to give honest answers for whatever questions that I have to wonder myself before purchasing stuffs. My trick is at least go preparing five questions...
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...evaluate and revise plans and strategies as needed. The three most valuable concepts that I learned about the financial planning process include defining goals, creating a plan, implementing plan through action, and evaluation. They that time that it is impossible to an actively manage your Financial Resources without financial goals. Defining goals is Crucial after defining these goals you must formulate and develop plans and strategies in order to reach these goals. These plans goals strategies all need to remain realistic and attainable. It’s important to consider priorities and can raise them into long-term and short-term goals. Ann’s and strategies which to me is the most difficult because it requires control and monitoring. Spending money wisely and would be an example of implementing financial plans and strategies in order to reach financial goals. 2. Credit In what ways do you use credit in your daily life? Why is it important to maintain a good credit rating? What plans have you established to maintain or build your credit? In order to obtain a large loan creditors will consider your credit history and credit score when deciding whether or not to take on such risk and dish out money on your behalf. The plans and I have established to maintain and build my credit include the...
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...child faces the realisms of adulthood. It can be a scary thing, living without a parent and making money that has to spent wisely. It is definitely a life changing event that morphs a child into a young adult, experiencing the real world. Moving away to college is what helps people mature because a person is isolated from the world they once knew and are experiencing what it is like to be free of any rules. People who want to succeed and make a great deal of money when they graduate, focus on what is important and do not take their new freedom for granted. Being alone and away from everyone, a person does not have to be the loser in high school anymore, they can be the president of the chemistry club and have a numerous amount of friends that have the same interests. College is different from high school and gives people a chance to be who they really want to be, they do not need to conform to the social norms expected of them when in high school. Getting a chance to be who a person really is matures them....
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...Show Me 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...
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...Money Is an essential commodity that helps you run your life. Money has gained its value because people are trying to save wealth for their future needs. Philosophically speaking, money cannot buy everything but practically money is the basic thing that is used for calculating the status of any person. Money is a good servant but a bad master. You should be fond of money to an extent that you are controlling it. There are many ways to earn money, but to sustain your wealth you have to handle your own money. Rich people are rich because they know the true value of money and hence they manage their business. It is generally said that money will stay in the hands of people who know its value. If you are a lavish spender spending money in unnecessary ways, you will soon lose all your wealth. Hard work and commitment is essential if you want money to stay in your hands. If you have money, signs of poverty will never approach you and you can maintain your health even though you cannot rule your health. There are many people in this world who want money without working hard. Some of them are successful in their goal but the true legitimate way to earn money is to work hard. You should use the money for solving your financial problems but you should be careful that your money does not transform you into a different person. If you have money, rather than spending it in satisfying luxurious desires you can try investing it. Money when invested has the ability...
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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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...for those who have been put through the harrowing ordeal of having to endure an accident for which they were not at fault. For many years when a settlement was awarded to the victim, the amount of money that was awarded would go to the victim in the form of a lump sum. However, this is generally not the case anymore. Nowadays the more common manner of paying money to the injured party is in the form of a structured settlement. What is a Structured Settlement? In the simplest of terms, a structured settlement is a payment to the injured party made in regular...
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...Running head: TIME MANAGEMENT Time Management David Vinas Liberty University Abstract Time management is very important for your personal existence and line of business achievement. It teaches you how to manage your moment in time in actual fact and make the most of it. Time management helps you to prioritize your personal and career goals in life. It is amazing how time is the only one fixed resource that cannot be tacking back. Using it wisely helps us to stay competitive in life. In this paper we are going to analyze why is so important to manage your time effectively in your life and how to prioritize your goals. I hope these suggestions will encourage you to value how precious time is, how important is to prioritize your goals in life and to encourage you to start organizing your time more purposefully. In the business world time is money. This may sound out of the ordinary, but in many cases small companies and entrepreneurs lose sight of how important it is to spend your time on the key elements which will bring the success of the company. The majority of time people do complain that they do not have enough time. You may see this scenario on professionals handling a business or even in their personal life, the lack of time is due to lack of organization. The reality is that in order for you to become a great time manager you need to organize yourself. One of the main things to do is to prioritize and to make a to-do list. You see what...
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...Goal Assignment Professional Goals 6 month: By (now-1/22/2015), my goal is to continue to remain thankful for the opportunity to further my education and evenly share my attention with school and work. So I can always perform my best in both areas. Step 1: Focus Step 2: Manage time and responsibilities 1 year: By (9/22/2015), my goal is to gain experience in my field thru clinicals and decide on the specific nursing area I want to work in. Step 1: work/volunteer in a healthcare facility Step 2: practice communication skills with variety of patients. 2 year: By (9/22/2015), my goal is to have received letters of recommendation, sent out resumes and hopefully landed a job in the nursing field. Step 1: communicate with former instructors and employers to get letters Step 2: apply for jobs Personal Goals 6 month: By (1/22/2015), my goal is to have completed this semester with all A’s and starting the next semester Step 1: Manage my time. Step 2: Get enough rest and study hard. 1 year: By (9/22/2015), my goal is to quit my fulltime job and be nearly debt free. Take the HESI, apply and be accepted in the nursing program. Step 1: Mange my money wisely, study hard, pay attention! Step 2:Don’t procrastinate 2 year: By (9/22/2016), my goal is to successfully have completed the RN program, graduated and passed the HESI exam Step 1:study, study, study! Step 2:...
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...CHAPTER 1 THE PROBLEM Introduction There is no greater financial investment in one’s future than a college degree. It is the only way for sustained personal and professional success. It makes lasting changes in the lives of those who seek it. Earning a college degree is such an important step in life that it has become a central part of the “Filipino Dream”. Go to college, get a job, buy a house, and raise a family. It may not always be that simple, but it all starts with your college education and yes, it changes people’s stories. Earning a college degree is all about opening up opportunities in life. It prepares you, both intellectually and socially, for your career and your adult life. A college education can open many doors in a person’s search for a career. People that have attained a college degree are hired in at a higher pay and are considered to be much more employable. This means that a college graduate would be more likely to be offered employment than another who did not attend college or did not attain a degree. College will also assist in preparing a person for a career in a particular field. In a vast majority of highly specialized jobs, if one does not have a college degree, there is little to no possibility of securing a career in that chosen field. College will give a person the tools to succeed in the field of their choice. These tools would not be available to most people who do not attend college. However, all of this benefits of having...
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...Funding A Business Venture John S. Garrett Jr. American Intercontinental University Abstract A business venture is a huge risk that involves money, time, patience, endurance and commitment. Money is needed to get the business off the ground and running. Time is required to give the business a chance to produce a profit. There are going to be good and bad days and you must have patience to see the venture through. There will be some tough and long roads ahead and you will need to endure them. If there is no commitment, you have wasted money, time, patience and endurance to a project that will affect you monetarily and possibly credit wise. Funding a Business Venture The pros and cons to starting-up a business have been weighed. I do not have the money to start-up a business and neither the patience or time to see a business venture through. I weighed my options in starting a business: borrow money, sell stock, or license the technology. I have decided to license my technology. By doing this, I will have freed up my time and will not have to worry about incurring the expense in manufacturing, marketing, distributing, and selling a product. (Jackim, 2009) Nothing is easy in business. Sacrifices have to be made and deciding in which direction to go are major decisions. Go and talk with an investment banker. An investment...
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...So that’s where the “money can buy happiness” phrase comes in because people think that since money can buy everything else then it can easily buy happiness also. CAN MONEY MAKE YOU HAPPY! Money is very very evil in all point of view, some individuals really believe that money can buy happiness. Individuals believes money will really buy your life of happiness . In this world human beings will really kill for money,distrowed your entire life to get to where they want to be. Money is one of the most important things in our lives, next to food to eat,in a home to live in, and ways to get from here to there but with all of those things, you need money. believing that money cannot buy happiness. Happiness is a feeling we find within our own selves as human beings. An object should not be able to define that happiness. I feel that an object can make a person happy for the moment but happiness is for a lifetime. If money can buy someone’s happiness I feel that, that...
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