Weekly 2

Using this template, formulate and create a minimum of three SMART goals related to these aspects of personal financial planning. For each goal, also identify why this is an important financial goal for you at this time. Career planning and development     Spending plan/cash flow analysis     Tax planning     Savings and investing     Use of credit

Which of the following activities will worsen your chance of financial success? Check all that apply. Knowledge of the general condition and events occurring in the local, state, regional, national, and international economic environments. The development of an effective plan that is consistently applied until it is revised in accordance with changes in your goals and life circumstances. The development of personal financial goals and target dates that are consistent with your values, attitudes, and behaviors. Knowledge of what other average people believe and how they behave, because they affect the same financial markets and economic conditions that affect you..

Learning about Financial Planning Designations.  Please research Financial Planning designations in general and specifically each of these 3 Financial Planning designations - CFP® ChFC® AFC ® Based on what you find include in your email what is involved in earning each of the 3 listed designations above? What main areas do they cover?  In addition to the test needed for the designation, how many hours of experience do you need to receive each credential?

Financial Planning Worksheet A–Short-Term and Long-Term Goals Everyone wants to make good decisions-decisions that maximize benefits and minimize costs. However, it can be hard to make good decisions when you aren't sure what you want to achieve. That's why setting goals and creating and following a financial plan with your goals in mind is so important. When you know where you want to be in the future, it is often easier to get there. Most of the day-to-day decisions you make are only single parts of the larger problem of getting what you want from life. Suppose you spend $20 to see a movie and go out for pizza with your friends. Your decision was made to achieve a short-term goal of immediate enjoyment. Remember, however, that whenever you make a choice, you also make a trade-off. The $20 you spent for pizza and a movie can't be spent or saved for something else. All of your decisions are related to each other, and so are your goals. The $20 you spent for entertainment helped you…

The last step in the financial planning process is to Group of answer choices use financial statements to evaluate results of plans and budgets, taking corrective action as required implement financial plans and strategies. periodically develop and implement budgets to monitor and control progress toward goals redefine goals and revise plans and strategies as personal circumstances change develop financial plans and strategies to achieve goals

How the investing, budgeting, and wealth management connect and relate to Matthew 25:14-30 (the Parable of the Talents)?

1. A savings account should be used for your emergeney fund and your O Short-term savings goals O Long-term savings goals

WRITE and submit a prepare on your perspective to the statements: Financial management should include not only a concern for profit maximization but also for maximization of societal value.”

GP You Write a post providing us with the context for the resources of adopting innovative technologies that can lead to streamlined processes, real-time insights, and increased focus on strategic planning technological advancements in the accounting and finance profession have required finance professionals to adapt and expand their skill sets. Those who can adapt can support business growth and discover better career opportunities selected by identifying the field of study of accounting and finance and specifying an associated profession if relevant. Explain in two separate sections how this could be applied to the criteria of validity checklist to determine the validity of each resource. Try to be as thorough as possible with the questions listed under each heading on the checklist. If unable to make a determination about any of the criteria, be sure to explain that, too.

WRITTEN WORKS (TRUE OR FALSE — Directions: Write TRUE if the statement is correct; if incorrect, write FALSE. (. 1. The concept of "pay myself first," saving and investing before you pay other expenses, is a characteristic of successful financial managers. 2. The major purpose of budgeting is to make sure bills get paid. 3. Keeping track of all income and expenses is very important to achieving your financial objectives. 4. Financial literacy enhances your capacity to manage personal finances on a day-to- day basis. 5. A person can start investing even without having savings.

A nonprofit analyst seeks to determine which variables should be used to predict nonprofit charitable commitment, a nonprofit organization commitment to its charitable purpose. Two independent variables under consideration are Revenue, a measurement of total revenue, in billions of dollars, as a measure of nonprofit size X₁ and Efficiency, a measurement of the percent of private donations remaining after fundraising expenses as a measure of nonprofit fundraising efficiency X2. The dependent variable Y is Commitment, a measurement of the percent of total expenses that are allocated directly to charitable services. Data are collected from a random sample of 98 nonprofit organizations, with the results provided in the accompanying table. Complete parts (a) and (b) below. Click the icon to view the table of results. a. Construct 95% confidence interval estimates of the population slope between commitment and revenue and between commitment and efficiency. The 95% confidence interval…