Share which financial scenario you researched and answer the following with researched based conclusions. What financial information do you need? What financial decision-making strategies can you use?
3/2/2015 06:05:13 am
i answered scenario 2 saving for college. i will need to have Financial aid, and a bank near by to have my money saved into. I would use cost-benefit analysis because what ever i buy, there's a benefit to it, I wont spend money and feel like it was a waist
3/2/2015 06:07:51 am
i would need to see how much was the car,how much i would need to save up for each month.how much money i used on the car that would effect my other expenses in the future.
3/2/2015 06:08:45 am
the financial information that you need to know before saving for a new car is
3/2/2015 06:09:02 am
In order to save for a car, you need to first know the price. So that you can save for it. Then you will have to asses how long it will take to save, efficiency of the car, and prices of other offers. Then finally you'll have to make sure you can keep up with the payments and maintenance.
3/2/2015 06:11:33 am
The scenario I chose was saving for college. I made the cost comparison based on the total cost for living on campus and the total cost for living off campus. At UCLA living on campus is $33,199 a year while living at an off campus apartment is $29,455 a year. Tuition, Health insurance, books, and supplies are the same amount for both options. The only difference is room & board, transportation and personal expenses. Room and board on campus is about $4,000 more than an off campus apartment. The benefit of that is that classes will not be far from the dorm, and food will be provided. Also, there will not be much transportation needed. Living off campus is a lot cheaper but more money will be needed for transportation and living expenses like food. The benefit of living on campus is that everything is within one's surroundings while off campus most of the stuff will not be on one's surroundings. In order to live on campus I will need to pay about 4,000 out of my pocket.
5/6/2015 03:43:51 am
The scenario I chose was saving for a new car. I researched gas efficient cars because I know gas prices seem to always go higher and I do not want spend too much money on that. I looked up cars like the prius, ford focus and toyota corolla. I would love an electric car but the good ones are too expensive. I am currently working and would need to save $400 a month for the next year to have around 5 thousand dollars. I believe with that I will have enough for a down payment so that may payments can be around $250 a month which is definitely affordable. On top of that insurance will be an additional $150 or so a month which will be the same $400 a month I would be accustomed to saving. If it gets to expensive then I will settle for a used car - like three or four years old..
3/12/2016 12:04:08 am
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7/2/2016 01:59:11 am
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7/24/2016 12:36:43 am
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7/4/2017 02:53:49 pm
As a VERIFIED NGE Member, you can use the voucher to fund your Perfect Money, EgoPay and PexPay accounts automatically.
10/18/2017 08:01:47 am
Trading in binary options is deemed an attractive investment in the financial circles and as a result, it has been growing in demand. Many of the investors have not been trading directly but have been relying on the services of option brokers. Brokers play an important role in representing investors during the trading.
11/1/2017 02:38:57 pm
Every person has to be financially prepared to live a decent life in the present and in the future. Personal finance helps a person make a wise in planning on how to spend his or her income considering the important aspects of one's life.
12/9/2017 09:27:33 am
Financial Planning is essentially a six-step process. Just follow these six steps and you can be on your way to achieving a comfortable retirement and financial independence.
2/3/2018 06:21:52 am
Cloud mining is the process of buying CPU power from dedicated data centers who use their own equipment to mine cryptocurrencies such as Bitcoin (BTC) on your behalf.
2/22/2018 08:32:47 am
This is the first in a series of articles intended for those who already think they know what Bitcoin is, but haven't yet traded in it. I was there - I thought I comprehended it, too, but having since dipped my toe in the pond, I've discovered an unexpectedly enlightening experience. There are so many nuances involved in the trading of Bitcoin as to make it tremendously educational. It forced me to consider a lot of the built-in features which go unscrutinized and even unrecognized in traditional currencies. In so doing, it made me assign my own values to those features, and allowed me to decide the most preferable ways of satisfying my various needs - choices which are normally taken from us.
2/24/2018 10:52:09 pm
I am speaking of a Financial Advisor not an Investment Advisor, there are less then 5% of the world's population that should be seeking the services of an Investment Advisor. The investment markets are not a place for most of us to turn to make money; they are a place for us to preserve the capital that we have left and grow that capital at reasonable rates of return.
2/28/2018 04:37:53 am
Financing a small business can be most time consuming activity for a business owner. It can be the most important part of growing a business, but one must be careful not to allow it to consume the business. Finance is the relationship between cash, risk and value. Manage each well and you will have healthy finance mix for your business.
2/28/2018 08:26:20 am
Whether you're just starting up a business, or you''re an established firm in need of quick access to cash or assets, your bank's asset and sales finance solutions is sure to be able to help you get on track
3/11/2018 05:17:34 am
Hard money lender has a crucial role to play in real estate market. They provide enough capital to the investors and give them ample monetary source to make money in. Money lenders have made it quite easy to access capital for the investors.
3/24/2018 11:24:06 am
Escrow is a service that provides a means of security in the handling of important property, funds, and documents.
3/25/2018 10:23:35 am
A good part of the success or the failure of a business has to do directly with how much profit the organization realizes from the sale of the products or services that the company provides to its customers. In order to maximize a company's profitability, it is very important to have a good and complete financial management system to handle the important aspects of money management. One of the keys to a good business financial management structure is controlling the daily, weekly, monthly and yearly expenses of the operation.
3/25/2018 11:59:29 am
What is 'Bitcoin Mining'. Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. Anyone with access to the internet and suitable hardware can participate in mining.
5/29/2020 11:33:00 am
If you cannot handle your debt any more, if it has exceeded more than your limits, than it may be time to look into a debt settlement program. Such services are available which can help people when they are in financial difficulty by lowering the interest rate and outstanding balance.
1/7/2021 04:52:21 am
A home loan modification is a good way to save your home from foreclosure, especially for homeowners who are unable to refinance. A letter of financial hardship, which should be turned in with your application, is a very important step in getting approved. A lot of times, homeowners are turned down for a home loan modification, due to a bad letter of financial hardship.
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