Premium Essay

Week 4

In:

Submitted By Mfinch
Words 415
Pages 2
Putting It All Together
Matthias D Finch
FP/120
January 18, 2016
Gordon Luke

Putting It All Together
From this class I have taken away so much information about how to ensure financial security for the rest of my life. Making sure that all my bills are paid, having money in case of an emergency. The ability to save towards a future. Being responsible is the way I would explain the value of financial planning to my friends and family ensuring you know where every dollar needs to be and having enough money that way if something did happen that required funds you had them saved for that use.
The topic I found most helpful for my life right now is learning how to create a budget and sticking to it. Completing the personal cash flow assignment in week one. I saw that as long as I pay the bills and add to my savings; I was budgeting properly. After completing this assignment it showed me how much money I am spending that is unnecessary, and how much I could save if I budget properly and stopped spending when I didn’t need to.
The most challenging topic for me was the entire week five which involved taxes and insurance. I learned in week not only do we require to have insurance and pay our taxes but that these things are very costly and if not budgeted for can really do a number on your financial life. After I graduate I plan on pursuing a job in law enforcement or the military, I a plan to work for a company or the government that gives me the ability to work all over the world so I need to be financially ready for the financial differences all around the world. I thought it was going to be very simple with money and saving. Now I see how complicated things can get when it comes to money and not being fully prepared for your future with it.

My Future financial goals are to build a savings that will not only last me a lifetime but can be passed on to my

Similar Documents

Free Essay

On Line Social Sites

...respondents, 65 or 59 % are female and 45 or 41 % are male. They were at average age of 17.5 in female and 17.23 in male. On frequency of respondents in favorite SNS, number of hours usage, moments spend using SNS, priority of reasons in using SNS and number of friends on line, the respondents’ mean favorite site used is 93 respondents preferred Facebook as networking site, followed by 69 or 62 % who prefers other sites, 65 or 59 % prefers Youtube, 46 or 41 % prefer Twitter, while 44 or 40 % prefer Yahoo messenger. Out of 110 , there are 46 or 42 % who spend time with SNS in 30 to 1 hour, 44 or 44 % spent 2 to 3 hrs, while 13 or 11 % used 4 to 5 hrs, and only 7 or 6 % devoted 5 hours or more. In moments used in SNS, Out of 110 respondents , there are 16 or 14 % use SNS in vacant period, while only 2 or 2 %% do it during class, 4 or 3.6 % do SNS in before class and 88 or 80 % use SNS after their class. Out 110, there were different reasons why they use SNS, such as bumming around which ranked 1 , 84 or 76 % , 75 or 64 % ranked studying as 2, 73 or 63 % meet new friends on SNS, and 42 or 38 % both for UpdaIng with family and friends. Out of 110, there are 10 or 9 % who have 10 to 100 friends on line , 16 or 14.5 % have 101 to 200 friends,...

Words: 790 - Pages: 4

Free Essay

Acct 504 Case Study 2

...improvement and future success of this company moving into the public market. In order to properly perform an assessment of the LBJ Company, there first had to be some set of standards or regulations that outline the internal controls and proper procedures for companies and businesses to adhere to for financial reporting. As it turns out internal control is a key component of Foreign Corrupt Practices Act(FCPA) of 1977 and the Sarbanes-Oxley Act(SOX) of 2002 which required companies to follow this set of internal controls. This list of internal controls is as follows: 1). Conduct its business in an orderly and efficient manner, 2). Safeguard its assets and resources, 3). Deter and defect errors, theft, and fraud, 4). Ensure accuracy and completeness of accounting data, 5). Produce reliable and timely financial and management information, 6). Ensure adherence to its policies and plans.(O’Malley) From this point on all senior management officials will be held responsible for enforcing and ensuring that their company follows these regulations and...

Words: 939 - Pages: 4

Premium Essay

Profile of Working Students and It' S Implication on Academic Standing

...CHAPTER I INTRODUCTION Not all people are given the chance to have a quality education especially in the Philippines because it is now complicated. That’s why having the chance to study and choosing the course should not be compared to some thing like for an example buying a dress for a special occasion and when realization comes into your mind that you don’t want it, you’ll return it or maybe get your money back. No, this isn’t right, because in college life, you have to treat every second as an important detail of your life. You should not waste every moment in it. So choosing the course which you think fits your capabilities is very important. Studying a specific course in college is not only about paying the fees rather the most important things here are the time and effort spent. Money, time and effort are the most precious things in one’s life and once it is used or spent, it’s hard to gain again or worst you may never have it at all. So the time these are wasted for nothing, for sure the blame for this mistake will be felt truly. When looking at the profile of those students who are working and at the same time is studying, you would notice that they never dare wasting their time. For them, every second counts. Make an observation and you will find out that almost all of the working students are working too hard to finish their studies. For them, wasting their effort, time and money is such a big mistake. OBJECTIVES OF THE STUDY The objective of studying...

Words: 4091 - Pages: 17

Premium Essay

In Basket

...such as someone’s vacation hours and stocking merchandise for the store, those tasks should be delegated out to the assistant manager and to the store clerks. Being a supervisor means being in a role of leadership, logic, common sense, and decision making for yourself, the employees, and for the company. The “in Basket” debate and discussion gives us and our fellow classmates the opportunity to see if we can successfully delegate out certain tasks as a supervisor at a fictitious company. The discussion between me and fellow classmates was a great one and it appeared as though everyone agreed on everything accept for different incidents. The only two incidents where I came across disagreement were in regards to task number 3, and task number 4. These are the examples in which I will be using in this paper as far as disagreeing is concerned. Task number 3 is in regards to the mall hours changing for an upcoming holiday and that there is a request for store plans. In my own opinion and the opinion of all of my fellow classmates accept for one that I could find agreed that this task needed to be done by the Supervisor. The disagreeing student felt that it should be delegated to the Assistant Manager. This task should be done by the supervisor because it is not only a very important one...

Words: 848 - Pages: 4

Free Essay

12 Angry Men

...Corridors of Transition between 12 Angry Men and 12 “I have always found that mercy bears richer fruits than strict justice”. Abraham Lincoln “The virtue of justice consists in moderation, as regulated by wisdom”. Aristotle ”Nobody gets justice. People only get good luck or bad luck”. Orson Welles Justice = mid-12c., "the exercise of authority in vindication of right by assigning reward or punishment;" also "quality of being fair and just," from Old French justice "justice, legal rights, jurisdiction" (11c.), from Latin iustitia "righteousness, equity," from iustus "upright, just" . The Old French word had widespread senses, including "uprightness, equity, vindication of right, court of justice, judge." The word began to be used in English c.1200 as a title for a judicial officer. Meaning "right order, equity" is late 14c. Justice of the peace first attested early 14c. In the Mercian hymns, Latin iustitia is glossed by Old English rehtwisnisse. To do justice to (someone or something) "render fully and fairly showing due appreciation" is from 1670s. This word, with such a strong connotation, influenced and formed the basis of many philosophical...

Words: 5039 - Pages: 21

Premium Essay

Week 4

...actually available. Calendars are part of determining availability of resources. In MS Project, calendars define the working and non-working time for the project and for each resource assigned to the task. As a change is made to a calendar, MS Project automatically reschedules all tasks affected by the change. Using Calendars There are two types of calendars in Project: base calendars and resource calendars. Base calendars define the working days and working hours for a project or a set of resources. Resource calendars define the working days and working hours for a specific resource. The default base calendar (also known as the project calendar) is called Standard. This standard calendar is usually set as an 8-hour day, 40-hour week, Monday through Friday, with no holidays. However, you can modify this standard calendar, but it is not recommended. MS Project also comes with two other base calendars: a 24-hour calendar and a night shift calendar. You can also create your own base calendars. You can manipulate such options as default start time and hours per day. Note: Resource calendars are updated automatically when the base calendar assigned to the resource changes. But changes to the default calendar options are not automatically displayed in the base calendar. When we first set up this project, MS Project assumed the Standard calendar. As we entered task...

Words: 3132 - Pages: 13

Premium Essay

Week 4

...In week 1, my expectations were to build on what I already knew about the Sarbanes-Oxley Acts from work experience. My expectations were met and even exceeded my expectations. I came into the week with some unanswered questions and after the reading and discussion questions, they were answered. I had a broad understanding of the Sarbanes-Oxley from work experience and never got into the details, which this class allowed me to get into and really grasp what was put into the Acts and how to fully apply the Acts to real experience. Going into the week, I wasn’t really expecting much for budgets but by the end of the week I realized I didn’t know that much about the different kinds of budgets out there. It has helped me in my current positions because we do quite a bit of budgeting for some of our clients. My week 4 expectations were fairly low because of the audits I was a part of during my audit days. I do very little audit work nowadays but it was a great refresher to keep it fresh. Everything that I read during this week I knew and just reaffirmed my knowledge. We would split the audit up and my sections were the sections we covered during this week. When I first started auditing I had no accounting experience, I didn’t have any classes to fall back on. After the reading I felt really comfortable because I was performing the audits right and going into the audits with the right mind set and asking the right...

Words: 265 - Pages: 2

Premium Essay

Week 4

...WEEK 4 SYNOPSIS Does strategic human resource management matter in high-tech sector? Some learning points for SME managers. Karami, A, Jones, BM, Kakabadse, N, (2008), Does strategic human resource management matter in high-tech sector? Some learning points for SME managers, Corporate Governance, Vol 8, (1) Outline: The purpose of this article is to observe the influence of human resource capabilities and strategic involvement, on the firm´s performance. In order to analyse the impact, the authors carried out a research based on a survey questioner in which a sample of 500 CEO´s of small to medium sized enterprises in the electric and electronic manufacturing sector, were inquire about the importance of incorporate HR in the process of strategy developing and how it would affect the performance of their companies. The survey was based in two specific hypotheses: H1. Increasing Hr capacities of the firm will positively correlate with the increasing performance of the firm. H2. In the high performance firms, human resources have been more involved in the process of formulating strategy than in low performing ones. According to the results obtain by the analysis of the questionnaires the authors conclude: Firstly that the performance of the companies is highly linked to the increase of Hr capabilities. Therefore, it is essential that firms in the electric and electronic sector consider investment in increasing HR capabilities as a managerial strategy in order to increase...

Words: 461 - Pages: 2

Premium Essay

Week 4

...Week 4 Case Study Adam Careaga Shorter University BUS 6750 ONLH2 Bill Carson April 5, 2014 Chinese Tires In 2008, the United Sates imported 46 million tires from China, three times as many as it did in 2004. China’s share of the American market leaped from 5 percent to almost 17 percent over the same period, while U.S. employment in the tire industry fell by more than 5,000 jobs and domestic production slumped from 218 million tires to 160 million tires. The Chinese import was causing a market disruption and the U.S. implemented a three year tariff on imported tires. The tariff consisted of a 35 percent tariff for the first year followed by a 30 percent tariff the second year then a 25 percent tariff the final year. The tariffs were place on top of an existing 4 percent import tariff. (Hill, 2011) In the scheme of all the tariffs and arguments over the imports the better question would be who benefitted from this high tariff and who suffered? Tire imports from China show clearly why international economics is different. Consumers should be looking for good-quality products at low prices, but when their purchasing shifts toward more imports of foreign products, it can become a controversial political issue. National government officials have the power to enact policies that can limit international transactions like importing. If the whole world were one country, the issue of shifts in purchasing would be left to the marketplace. Within a country...

Words: 1136 - Pages: 5

Free Essay

Nt1210 Unit 1 Lab 1.1

...1____ | 0____ | | 4+ | 2 + | 0 = | 6 | 1.1.3 21↓ | 20↓ | | 2X | 1X | | 1____ | 1____ | | 2 + | 1 = | 3 | 1.1.4 24↓ | 23↓ | 22↓ | 21↓ | 20↓ | | 16X | 8X | 4X | 2X | 1X | | 1____ | 0____ | 0____ | 1____ | 0____ | | 16 + | 0 + | 0 + | 2 + | 0 = | 18 | 1.1.5 27↓ | 26↓ | 25↓ | 24↓ | 23↓ | 22↓ | 21↓ | 20↓ | | 128X | 64X | 32X | 16X | 8X | 4X | 2X | 1X | | 1____ | 1____ | 1____ | 0____ | 0____ | 0____ | 1____ | 0____ | | 128 + | 64 + | 32 + | 0 + | 0 + | 0 + | 2 + | 0 = | 226 | 1.1.6 156 | 28 | 28 | 28 | 12 | 4 | 0 | 0 | | 27↓ | 26↓ | 25↓ | 24↓ | 23↓ | 22↓ | 21↓ | 20↓ | | v | v | v | v | v | v | v | v | | 128x | 64x | 32x | 16x | 8x | 4x | 2x | 1x | | 1 | 0 | 0 | 1 | 1 | 1 | 0 | 0 = | 10011100 | 128 + | 0 + | 0 + | 16 + | 8 + | 4 + | 0 + | 0 = | 156 | 1.1.7 255 | 127 | 63 | 31 | 15 | 7 | 3 | 1 | | 27↓ | 26↓ | 25↓ | 24↓ | 23↓ | 22↓ | 21↓ | 20↓ | | v | v | v | v | v | v | v | v | | 128x | 64x | 32x | 16x | 8x | 4x | 2x | 1x | | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 11111111 | 128 + | 64 + | 21 + | 16 + | 8 + | 4 + | 2 + | 1 = | 255 | 1.1.8 200 | 72 | 8 | 8 | 8 | 0 | 0 | 0 | | 27↓ | 26↓ | 25↓ | 24↓ | 23↓ | 22↓ | 21↓ | 20↓ | | v | v | v | v | v | v | v | v | | 128x | 64x | 32x | 16x | 8x | 4x | 2x | 1x | | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 1 | 11001001 | 128 + | 64 + | 0 + | 0 + | 8 + | 0 + | 0 + | 1 = | 255 | 1.1.10 | 2^7 | 2^6 | 2^5 | 2^4 | 2^3 | 2^2 | 2^1 |...

Words: 552 - Pages: 3

Premium Essay

Week 4

...Review Chapter 5 1. Describe the duties of the director of sales in a full-service hotel. - Director of sales, along with as many sales managers and sales representatives as are necessary to cover the files of previous guests and groups booked by the hotel, develop potential leads, and solicit business for the hotel. - Reports to the general manager. - Establishes and coordinates all efforts to obtain group business. - Makes commitments to a convention or a group function. - Works closely with advertising agencies in the development of all printed matter and promotional programs. In additional, a director of sales for hotels and hospitality works in the hotel or hospitality industry overseeing activities related to sales. Their primary goal is to make sure guests are satisfied and help solicit new or continuing business for the organization. They are in charge of ensuring their facility meets revenue goals in areas such as food, room rentals, and beverages; this typically includes overseeing not just guest rooms, but a banquet or rentable meeting space as well. They also have interactions with customers such as preparing information, receiving and responding to correspondence, and attending meetings before an event. A director of sales must be very versatile and be able to perform a variety of duties as needed. A director of sales typically works indoors, but may at times need to be outside to supervise a project. Usually, a director of sales works with...

Words: 1724 - Pages: 7

Premium Essay

4 Week

...There are many wireless technologies available for business use today. Most of the technologies available are cost efficient and help the business run smoother. We think Party Plates would benefit most from using Wi-Fi, tablets, and wireless printers/networks. Wi-Fi can be used by any business. The business can allow its customers to connect to it free of charge if they wish. Allowing customers to connect to their Wi-Fi gives the business the ability to capture the customer’s e-mail address if their device is set up with it. This helps with marketing, sale notifications, newsletters, and announcements. The cost of Wi-Fi is basically just any cost associated with initially getting the Internet hooked up and a one-time purchase fee of a wireless router, unless one is offered to the customer when they get their Internet hooked up. There does not have to be wires ran throughout the building for Wi-Fi nor do the customers have to be connected to anything to access it, which allows them the freedom of setting where they want and being able to move around the room. Offering Wi-Fi free to the customers and an APP so they can check-in, leave comments, and rate the business could be beneficial to get new business. Tablets with touchscreen capabilities would also be a good wireless technology for Party Plates to implement into their business. These tablets can also double as a phone. Having tablets could allow us to show customer items we may offer only online or by special order....

Words: 566 - Pages: 3

Free Essay

Week 4

...Business and Support Systems NAME American InterContinental University Date Abstract Virtual reality and augmented reality are two different versions of reality. The use of electronic systems caused a flash crash because the systems were not set up to catch things like the selling off futures at a rapidly dropping rate. The productivity of Valero is being measured on a dashboard that has access to current and historical production data. Business and Support Systems Introduction There are different digital realities that are currently available; two of these are augmented reality and virtual reality. A flash crash happened because electronic systems were not programmed to stop the sale of futures if the price dropped. Valero is managing their business using a dashboard to measure the productivity of their refineries. Reality Gets Better Augmented reality and virtual reality use similar technology, however, virtual reality immerses a person into an entirely new reality, while augmented reality enhances the real world reality. In augmented reality, a computer can supply a person with sensations, images and sounds. Digital data is added to the real world, so the virtual reality world is not nearly as exciting as the enhanced real world. Virtual reality immerses the user, and all of their senses, into a digital world that is entirely made up of media. Users of virtual reality generally have to wear a headset that provides them with a way to block out...

Words: 1361 - Pages: 6

Free Essay

Week 4

...Descriptive is the best research design for the issue on benefits that are being received for families and individuals. We need more who, what, where, when and why there is an issue for the individuals living in a poverty area versus the individuals/families that live in better off areas. Why would it be possible for an individual to be able to receive benefits and they live in areas that are not considered by society as poverty area as those individuals who are struggling to make ends meet in a poverty area not able to receive benefits or their benefits are reduced. The federal government states cannot discriminate and regardless of race, creed, gender everyone is entitled to the same benefits, but everyone needs to first qualify if they meet the gross income standard chart that the government has created as a guide who should and should not qualify for benefits to start, also after the gross income is meant, then they take into consideration, medical cost for disabled, aged individuals, rent/mortgage, utilities as well. Using a survey is a type of interview that is highly structured to obtain unbiased data. The questions are structured in a way to obtain a wide range of data, which saves time and money while obtaining certain information from the public. The information that is collected from a survey is used as a random sample because the survey can be anonymously performed from the public. Surveys can be done in different forms of telephone, mail, computer, e-mail, or internet...

Words: 398 - Pages: 2

Premium Essay

Week 4

...the past that is not relevant to any current decision is classified as a(n) | |   | Student Answer: | | period cost. |   | | | incremental cost. |   | | | opportunity cost. |   | | | None of the above |   | Instructor Explanation: | Chapter 2 | | |   | Points Received: | 6 of 6 |   | Comments: | | | |  3. | Question : | (TCO A)  Property taxes on a company's factory building would be classified as a(n) | |   | Student Answer: | | sunk cost. |   | | | opportunity cost. |   | | | period cost. |   | | | variable cost. |   | | | manufacturing cost. |   | Instructor Explanation: | Chapter 2 | | |   | Points Received: | 6 of 6 |   | Comments: | | | |  4. | Question : | (TCO A) Within the relevant range, variable costs can be expected to | |   | Student Answer: | | vary in total in direct proportion to changes in the activity level.       |   | | | remain constant in total as the activity level changes. |   | | | increase on a per-unit basis as the activity level increases. |   | | | increase on a per-unit basis as the activity level decreases. |   | | | None of the above |   | Instructor Explanation: | Chapter 5 | | |   | Points Received: | 6 of 6 |   | Comments: | | | |  5. | Question : | (TCO F)  Which of the following statements is true? I....

Words: 1846 - Pages: 8