Following are my observations while reviewing the plan. During the first week while I was reviewing the expenses, it was an eye opening situation that the major spending were on account of food stuff, clothing and spending leisure time. The total expenses were $1,312/- excluding my credit card payments, rental payments and groceries. I then thought for remedial measures to curtail my expenditure and sort out the problem with the fact that if I start cooking myself, search for the discounted items and spend less to spent leisure and by doing this I can not only manage my finances, live my life accordingly but also save something for the rainy day. While reviewing the data of the second week I noted that I certainly curtail my expenses on food stuff by 33% and the overall expenses reduced from $1,312/- to $ 850/- in second week excluding my house rent and credit card payments which shows betterment and my interest towards savings, but still the major expenses were made on account of groceries where I spent $223.83/- and for spending leisure I spent $118.81. I realized that the daily log is helping me in managing my finances and I immediately checked my spending and realized that I must engage myself instead in some sports activities for spending leisure time rather to go to the massage parlor or some other places where I spend much more than sports and for the prosperous future I have to develop future goals and by realizing the importance of savings, I immediately create three stages of my future goals through which I can live a prosperous, happy and comfortable life and the stages are: Short Term Goals, Intermediate Term Goal and Long Term Goal. Short Term Goals are those that can be achieved within a year and can increase my future saving. For e.g. If I purchase a car it will save my transportation cost and the amount which I am expensing out every week will be saved. Intermediate Term Goals are those that can be achieved with in the period of 2 to 5 years and includes things that will certainly increase my savings. For e.g. If I purchase house it will be a onetime investment but it will save my monthly mortgage installment on which I have to pay interest. Long Term Goals are those that can be achieved after six years with no upper limit like my retirement plan which has no upper limit and more I save money during my employment, happier I will live my life after retirement. While selecting the amount which is to be expensed out on weekly basis in order to achieved the target, I set the priorities and assign education the highest priority with the weekly expense of $170/- and the total expense were of $420/- per week accumulating $1,818/- per month. My Intermediate Goals are several including purchase of house, starting own business, education and buy a new car. For this purpose after thorough discussions with my friends, I have once again given highest priority to the education with the expense amount of $350/-per week accumulating $18,200 per year and by doing this much saving I will be able to achieve the college funds for my children by the end of 2016 i.e. in 3 ? years. My final goal is to save something for myself which can be used in case of need and this the financial plan helps me lot and by the help of the plan, I not only opted a semi retirement plan but also plan to save some thing for the cruise which I always aiming for and for the accomplishment of both the aims I have started saving $5/- per week for the cruise and $250/- per week for
Financial Plan is something which depicts the future cash flow and the saving while using the current asset values and withdrawal/expense plan. During the completion of the “Financial Plan” I have found many key points regarding the budgetary deficit and how to overcome that deficit…
Running Head: Financial Management Customer Insert His/her name: Tutor’s name: University Name: Ability to pay Current Liabilities: As per the working attached the current ratio of Pepsi Co is 1.436 and that of Coca-Cola Enterprise 1.134, which represents that per $1 of the Current Liabilities, there are the Current Assets worth $1.436 and $1.134, for PepsiCo and Coca-Cola Enterprise respectively.
This paper will juxtapose Google and Apple and a comprehensive report will be presented which will also analyze all the important financial ratios. Financial Ratios Financial ratios are extremely important when it comes to analyzing a company, Google has generate a lot of revenue in the last few years, here is a look at their financial ratios and how well they have actually been faring.
These lessons from the literature are what this management framework was derived from. By presenting a working management framework, the manager can benchmark the history and theories of the past to avoid repeating mistakes and benefit from lessons learned.
Signs 1. Tension and irritability when around people 2. Experiencing nightmares 3. Being startled by loud noises 4. Family and relationship problems 5. Depression III. Measures to address post traumatic disorder in soldiers returning from wars a. Counseling care programs 1.
However, a business has to respond to these challenges if it has to remain in business by creating measures that address, for instance reduced profits or that increase sales. Apple and Amazon are examples of Multinational Businesses that faced the financial crisis of 2008; diversified measures implemented them and recovered from the reducing profits they were earning (Foster, 2009).
In terms of money, United Stated government lost 138.9 billion dollars. The negative effects of the war went beyond loss of lives and money. The American citizens lost trust with their government. In addition, there was loss of morals within the U.S. armed
personal computing to the masses; “A computer in every desk and every home” which has morphed and grown to be a multinational multi-billion dollar software development giant in less than ten years after its creation. The company has matured and grown to be one of the
There are very many titles that serve under the umbrella of a financial manager. This includes: finance officers, credit managers, cash managers, risk managers, and insurance managers. The future of financial managers is very bright as per the data indicated in the
5 pages (1250 words)Research Paper
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