You have new items in your feed. Click to view.
Question and answer
Q: Select one goal that is important to you and briefly discuss how this goal will influence your future financial planning.
A: Career growth. Having a good finance right now is very important but we should also look at the future and our standing in that period. Financial planning is the same. [ We should always plan our savings in terms of how financially stable we will become at a certain period of time. (Example: even though we have cash on our savings account, we should still maximize our credit standing and at the
same time make investments based on how we are doing financially right now and in the future.) ]
Get an answer
Original conversation
User: Select one goal that is important to you and briefly discuss how this goal will influence your future financial planning.

Weegy: Career growth. Having a good finance right now is very important but we should also look at the future and our standing in that period. Financial planning is the same. [ We should always plan our savings in terms of how financially stable we will become at a certain period of time. (Example: even though we have cash on our savings account, we should still maximize our credit standing and at the same time make investments based on how we are doing financially right now and in the future.) ]
aguas_aj|Points 105|

User: Refer to Section 1.3 of Personal Finance. Which part of the comprehensive financial plan do rent and food fall under? What about life insurance, long-term care insurance, and estate planning; which section of the comprehensive plan do these fall under?

Weegy: The most important and tough goal in an individual?s life is setting up long term goals to help him/her financially. It can be anything from savings to house building to children?s education or marriage to retirement plan. [ [ [ These are the basic dreams when a person enters into a job. When a person achieves these goals he/she feels successful and also sometimes elated in the society. If setting up a goal is a big task then the toughest task is to achieve them and plan how to achieve them. There are some definite triggers that a person can use to achieve his/her goals. An urge to do something, certain important events in ones life etc are the biggest clue to accomplish it. There are many hurdles that a person can face while starting the plan. In addition when you have a plan in hand there can be some tasks that can be herculean. But being strict and disciplined always helps any individual to complete his/her set task. Savings: If we take the task of savings then, a person has to evaluate his income and the amount of money he/she wants to save and go accordingly. It includes cutting down discretionary expenses and being economical. A corpus of substantial amount which can then be used to buy plans for regular monthly income is an effective use of the savings. Retirement: Save some of the money for retirement. There are many options available that ensure pension benefits after retirement. These companies need to be studied properly and money can be invested as per one?s convenience. Education: The most costly thing now-a-days is children?s education. We definitely want our children to get the best education by sending them to the best universities. Some of the banks are giving loans at a very reasonable interest rate. We can afford to get these loans and provide them with best universities education without losing our minimal expenses. Most of the banks are giving options for investment into child?s future plans from the moment a child is born. These investments cost less and they take a yearly amount and these investments also go for a short period giving us long term returns. ] ] ]
bettyboop|Points 170|

Question
Asked 8/4/2010 12:07:59 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
0 questions answered
Popular Conversations
Giving human characteristics to objects or ideas is
Weegy: Giving human characteristics to objects or ideas is PERSONIFICATION.
5/19/2017 10:58:38 PM| 1 Answers
Calculate the product 1/3 and 1/5
Weegy: The product of 1/3 and 1/4 is 1/12. Solution: 1/3 * 1/4 = 1/12
5/23/2017 9:39:31 PM| 1 Answers
Body composition refers to the amount of fat and muscle that the body ...
Weegy: Body composition refers to the amount of fat and muscle that the body has. TRUE.
5/27/2017 12:17:58 PM| 1 Answers
Name the following chemical compound. K2CO3 A. krypton carbonate ...
Weegy: K2CO3 is a symbol for: Potassium Carbonate User: Name the following chemical compound. K3N A. krypton ...
5/27/2017 5:46:29 PM| 1 Answers
Which type of tax is applied only to particular goods? A. excise ...
Weegy: Excise tax is applied only to particular goods.
5/23/2017 7:13:31 PM| 0 Answers
Which branch of government makes the law
Weegy: The legislative branch of government makes the law.
5/24/2017 6:13:01 PM| 0 Answers
Weegy Stuff
S
Points 26 [Total 26] Ratings 0 Comments 26 Invitations 0 Offline
S
Points 11 [Total 11] Ratings 0 Comments 1 Invitations 1 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 10 [Total 366] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
P
P
L
P
P
P
Points 7 [Total 1730] Ratings 0 Comments 7 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 467] Ratings 0 Comments 2 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.