PLEASE HELP ME!!
Please try to write 3 sentences each

What are the steps in personal financial planning? Describe each step.
Identify a financial goal that you or someone else might have. What are the risks or costs associated with this goal?
What are the advantages and disadvantages to shared decision-making?
Why is it important to try to make financial decisions without emotions?
What are some of the resources that families and individuals can use to reach their financial goals? Why is it important to take stock of these resources when planning financial goals?

Answers

Answer 1

Answer:

Financial goal: Buying a car.

Risks: High interest rates. Being scammed. cost of insurance going up

Advantages: newer cars usually mean better gas mileage. less repairs. builds credit.

It is important to make decisions with others inputs as at times we can often get distracted by things in our life leading us to make poor choices. Hence emotional buying. It can release endorphins when buying things making you feel better for a short period of time however, it always goes away.

Putting money back every time you get paid and absolutely do not touch it. That money is no longer yours. It is only for the one thing you were saving for! The stock market is very unreliable; it is basically gambling. It fluctuates quite a lot especially now during the pandemic. 401K's are fluctuating around 3,000 a day! Do not gamble your money.

Explanation:

Answer 2

1. What are the steps in personal financial planning? Describe each step.

- The steps in personal financial planning include:

Step 1: Determining Your Current Financial Situation

You need to determine what your current financial situation is when it comes to your income, savings, living expenses, and debts.

Step 2: Developing Financial Goals

What are your specific financial goals that you want to pursue, ranging from what you want to spend with your current income? Do you have any extensive savings or investment plans for your future?

Step 3: Identify the Alternative Courses of Action

Creativity in decision-making can have possible alternatives to be more effective and satisfying decisions.

Step 4: Evaluate Alternatives

Evaluate your possible courses of action, taking into consideration your life situation, personal values, and current economic conditions. Every decision makes alternatives, a decision to invest in stock may mean you cannot take a vacation, going to school means you can't work full time. Opportunity cost is what you give up by making a choice.

Step 5: Create and Implement a Financial Action Plan

Choose the ways you want to achieve your goals. As you'll achieve your immediate or short-term goals, your next priority will implement your financial action plan.

Step 6: Reevaluate and Revise Your Plan

As you regularly assess your financial decisions you can change your personal, social, and economic factors requiring more frequent decisions.

2. Identify a financial goal that you or someone else might have. What are the risks or costs associated with this goal?

- A financial goal that you could have could be buying a house. How is the house going to be purchased at the time, is there going to be a loan risking increase.

3. What are the advantages and disadvantages to shared decision-making?

- The advantages to shared decision-making supports conversations with better-informed decisions congruent with what matters. Disadvantages of shared decision-making can create competition between individuals who want to "win".

4. Why is it important to try to make financial decisions without emotions?

-It is important to try and make financial decisions without any emotions because emotions could negatively affect your business decisions, also stopping you from impulsively buying.

5. What are some of the resources that families and individuals can use to reach their financial goals? Why is it important to take stock of these resources when planning financial goals?

- Some resources families and individuals can use to reach their financial goals include budgeting, controlling spending habits, eliminating credit cards, set aside fixed percentages in your income, establishing an emergency fund account, etc. All such resources or ways will lead to reaching your financial goals. It's important to take stock of the resources when planning your financial goals because when you save money to achieve your goals, having discipline and management of your resources and income to achieve your goals helps.


Related Questions

According to Goldratt: Two activities scheduled to be carried out sequentially and using the same scarce resource benefit from having the same project manager. Two activities scheduled to be carried out in parallel and using the same scarce resource are independent. Two activities scheduled to be carried out in parallel and using the same scarce resource are not independent. Two activities scheduled to be carried out sequentially and using the same scarce resource require different project managers.

Answers

Answer:

Two activities scheduled to be carried out in parallel and using the same scarce resource are independent.

Explanation:

An Israeli physicist named, Eliyahu M. Goldratt developed the Critical Chain Project Management (CCPM) and introduced it in his book "Critical Chain" in 1997.

The CCPM is a project management methodology used by managers to better manage a project. The CCPM ensures that the project plan is feasible and immune from any uncertainty or statistical fluctuations.

In the CCPM activity network, there are no milestones and all non-critical activities are performed as late as possible.

CCPM adopts the use of drum buffers, so as to ensure extra safety is applied to a project immediately before using constrained resource.

According to Goldratt, two activities scheduled to be carried out in parallel and using the same scarce resource are independent.

what important technology has done the most

Answers

The answer is Wireless networks

Which statements describe a Treble Clef correctly? Pick Two
Treble Clef is your right hand.
Treble Clef is your left hand.
Treble Clef sounds higher.
Treble Clef sounds lower.

Answers

Answer: c and a

Explanation:

2. Carla has 15 items on her "to do " list when she arrives at work today. By noon she has completed 3/5 of the items. How many has she completed?
A. 3
B. 5
C. 9
D. 12



Answers

C would be the correct answer. Because you can divide 15 by 5 and then multiply 3 by 3.

MetLife was able to dramatically expand its global footprint by acquiring Alico, a global player in the insurance business, from AIG in 2010 when AIG was in financial distress. This shows that not all diversification moves erode performance.

a) true

b) false

Answers

Answer:

True

Explanation:

It is true that not all diversification erodes performance. That is it is not all diversification moves that reduces performance or destroys it. Sometimes diversification could lead to greater risks or greater costs of investment. By diversifying and acquiring Alico metlife was able to increase and expand globally

Why might some investors become careless about their portfolios ?

Answers

Investors hold diversified portfolios in order to reduce risk, that is, to lower the variance of the portfolio, which is considered a measure of risk of the portfolio.

Now that each account has been classified, assign account numbers to each account. You must assign account numbers so that accounts receivable, accounts payable, and expense accounts are in alphabetical order (by last name, in the case of accounts receivable). Use 3-digit account numbers and number the accounts within a division by 10s.

Answers

Answer:

I dont know the answer im just saying this so I can come back to it when there is an answer

Explanation:

Which of the following are automatically withheld from paychecks?

Answers

Taxes are automatically withdrawn from paychecks.

What is a target market?

Question 9 options:

company’s share of the total market


A business-to-business market


A group of people who have enough money to buy a product


A group with specific characteristic who are most likely to become customers

Answers

Answer:

If am not mistaken it should be D- A group with specific characteristic who are most likely to become customers

how do ordinary people get involved in a democratic country​

Answers

Answer:

Citizens vote for their government officials and these officials represent the concerns and ideas of the citizens in government. For example, your Governor is elected by the voters in your state. ... Voting in an election and contacting our elected officials are two ways that Americans can participate in our democracy.

Answer:

same as his/her answer

Explanation:

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Explain one benefit to a business of using crowd funding as a source of finance

Answers

Answer:

Explanation:

Crowdfunding can be regarded as a way in which businesses can raise funds through the contribution of large number of people to the project.

SPEED AND ACCESSIBILITY

Crowdfunding helps the entrepreneur/ Businesses to get the necessary capital without passing through arduous process involving in loan collection, and this is good for small and medium companies that doesn't have enough creditworthiness in taking loan. As far as crowdfunding is concerned, no special qualifications involved in starting a crowdfunding campaign, within some hours ones page can be outlined and make visible to crowdfunding platform’s audience. There is no hunt down of specific venture capitalists.

Emmanuel would like to start a business with a popular fast food company. He agrees to pay a fee and royalties. This is an example of which type of business?

A. Franchise
B. S corporation
C. Nonprofit corporation
D. C corporation

Answers

A franchise, option A.

Answer:

yeah A

Explanation:

Explain the word taxation.​

Answers

Taxation is the practice of a government collecting money from its citizens to pay for public services, taxation is practice of collecting taxes (money) from citizens based on their earnings and property

How does email marketing help companies nurture customers?

Answers

Answer:Email helps with a lot of things , emails can help companies keep track of things such as documentary , reciepts,checks and more.

Explanation:

Your roommate told you she doesn’t need renter’s insurance because her parent’s homeowner’s policy covers her stuff. Is she correct? Explain your answer.

Answers

Answer: no she is not correct because if she has her own house or apartment then no she is not on homeowner's insurance. now she has to get her own.

Explanation:

hope this helps.

The roommate should not be correct.

What is insurance?

Insurance represents the arrangement where the company or the government agency gives the guarantee with respect to the compensation for the particular loss, damage and in return, the payment should be made with respect to the premium. Also, she is not correct since she has her own house so it is not the homeowner insurance.

learn more about insurance here: https://brainly.com/question/24332840

Given all the details about bonds and stocks, which do you prefer to invest with your money in the future? Explain in your own words.

Answers

Answer:

Bonds provides more opportunities and offers than stocks.

Explanation:

Bonds are a better option than stocks as bonds tend to give a good return. That is the bonds are less volatile and less risk markets they have a high interests rates and tends to offer saving rates at a bank and hae various advantages. Bonds also perform well the stocks decline and hence they are better than stocks and should prefer to invest in the money in future.

Determine which of the following statements best describes the control principle as it relates to an accounting information system. Multiple choice question. The principle prescribes that management should verify all transactions before they are entered into the accounting system. The principle prescribes that an accounting information system have internal controls. The principle describes the U. S. GAAP rules of double entry accounting within an accounting system. The principle outlines the rules regarding when revenue should be recognized within an accounting system.

Answers

Answer:

The principle prescribes that an accounting information system have internal controls.

Explanation:

The statement which best describes the control principle as it relates to an accounting information system is that, the principle prescribes that an accounting information system have internal controls.

Answer:

The principle prescribes that an accounting information system have internal controls.

Explanation:

Because it is the "Correct Answer"

Due TODAY!


A tour wholesaler is an example of a travel trade intermediary.


False

True

Answers

True I hope it’s right :)

It should be noted that A tour wholesaler is an example of a travel trade intermediary.

What is wholesaler?

wholesaler serves as a merchant middleman that get the produci from the producer and sell to the retailers, other merchants.

Therefore, a wholesaler is an intermediary agent in the chains of distribution.

Learn more about wholesaler at;

https://brainly.com/question/17063360

Which form of market segmentation is Coca Cola using when they look at the values, attitudes, and lifestyle of their target market?

Question 11 options:

Geographic


Behavioral


Demographic


Psychographic

Answers

Answer:

D- phychographic

Explanation:

In psychographic segmentation, Coca Cola buyers are divided into different groups

lol is this a test you are taking? :)

Answer:

D- phychographic

Explanation:

Hope you have a great day

Which of these is a critical interaction in the hotel industry?
A.
a breakfast order through room service
B.
a first glimpse of the hotel
C.
a swim at the hotel pool
D.
a visit to the hotel boutique

Answers

Answer: B
hope this helps :)

What effects does scarcity of economic resources have on choices?

Answers

When economic resources are scarce, there’s going to be few choices to choose from.

What is Seth Godin’s overall message to companies?

Answers

Answer:

Don't put all your money into marketing. Focus on those people who are passionate about your product and figure out what people want and focus on them.

(coursehero.com)

How do intermediaries benefit companies?

Answers

Intermediaries often provide valuable benefits: They make it easier for buyers to find what they need, they help set standards, and they enable comparison shopping—efficiency improvements that keep markets working smoothly. But they can also capture a disproportionate share of the value a company creates.

I made a website but I need help
can you help me https://manage.wix.com/dashboard/dfc0d810-392a-4bd4-afe2-bc2a5618e9ca/home?referralInfo=my-sites

Answers

Answer:

that depens am i going to regreat it or not?

Explanation:

Select all that apply Determine which of the following statements are correct descriptions of a subsidiary ledger. (Check all that apply.) Multiple select question. The balance in the subsidiary ledger will equal the balance of its supported account in the general ledger. It is a supporting ledger that contains detailed information about a general ledger account. The account which the subsidiary ledger supports in the general ledger is called a control account. Two of the most common subsidiary ledgers are for Accounts Payable and Accounts Receivable. A subsidiary ledger is a general ledger account that appears in the chart of accounts. The balance in the subsidiary ledger will rarely equal the balance in the supported account in the general ledger.

Answers

Answer:

- The balance in the subsidiary ledger will equal the balance of its supported account in the general ledger.

- The account which the subsidiary ledger supports in the general ledger is called a control account.

- It is a supporting ledger that contains detailed information about a general ledger account.

- Two of the most common subsidiary ledgers are for Accounts Payable and Accounts Receivable.

Explanation:

A subsidiary ledger is defined as a supporting ledger that contains details of an account on the general ledger.

It gives a breakdown of the single amount that reflects in a general ledger account.

For example if the accounts payable account has a balance of $50,000, the subsidiary ledger will show the individual transactions that make up the $50,000.

Therefore the balance of the subsidiary ledger will equal the amount in the general ledger account.

hey can y'all help me out some my birthday is April 7th and I get to oder things off Amazon and I'm a person who likes to do nails so do y'all know a case on Amazon where I can put all my nails stuff​

Answers

I just bought shelves and I use it to store all my nail supplies

Yes, there are many nail cases available on Amazon where you can store all your nail supplies like Frenessa Acrylic Nail Polish Organizer and Hiker Large Capacity Cosmetic Case.

What is amazon?

Amazon is a multinational technology company based in Seattle, Washington, United States. It was founded in 1994 by Jeff Bezos as an online marketplace for books and later expanded to sell a wide variety of products, including electronics, clothing, toys, and household items.

Amazon is now one of the largest online retailers in the world, with operations in over 100 countries and an extensive network of warehouses, delivery centers, and data centers.

These are just a few options to consider, but there are many other nail cases available on Amazon to fit your specific needs and preferences.

Learn more about amazon here:

https://brainly.com/question/28209824

#SPJ7

Sometimes you find yourself getting off-task because your boss keeps piling on the work, and you aren't sure what to prioritize. Which would be a work ethic "best practice"?

Ask your boss which assignments take priority, and pass those assignments to your coworkers who you think have more time.
Ask your boss if any assignments take priority, and make a task list to help you remember.
Tell your boss that they need to cut back on your work load. , Not Selected
Just keep doing your work in the order it was assigned.

Answers

Answer: B

Explanation:

60 points please help
Review Questions

1. What is logistics?

2. What is hospitality? What is one career in hospitality?

3. What are three locations or sites that people in hospitality or tourism careers work?

4. If you were an innkeeper, what would do for work?

5. What is mobile equipment maintenance?


Critical Thinking Questions

1. Imagine you want to become a chef and restaurant owner. What education and skills would you need?

2. Think about a city bus system. What goes into getting buses where they need to be on time to get people where they need to be?

3. Imagine that you run an amusement park. You have to hire people to work in your park. What skills or characteristics would you look for? Why?

4. Why are transportation jobs important?

5. If you were putting together a bus route in your town, what would you need to think about to make it run well?

Answers

Answer:

Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations.

2. Happy Selling Company's salaries to sales agents amounted to Php 10,000. Salaries of accountants
amounted to Php 20,000. No other expenses were incurred. How much is the company's general and
administrative expense?
Answer:

Answers

Answer:

Please one time

Mark brainliest

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what is the purpose of creating a prototype?​

Answers

Answer:

Prototypes provide a way to see how a possible product, idea, design, etc., would function in natural environments (not in the lab/workshop), but in the real world. They also can let designers, and those building it see if there are anything that needs to be changed or altered.

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