How Save Your Money Without Losing Purchasing Power

How Save Your Money Without Losing Purchasing Power
How to Save Page 1
How to Save
Ways To Save Your Money Without Losing Purchasing Power To Inflation
University of the People
1104 Macroeconomics
Instructor: Getachew Woldie
Due: Wednesday, 6 May 2015
How to Save Page 2
A man seeking financial advice said to his friend, "I need to start saving some of my income and want it to retain as much value as possible, what are
my options?"
"You have five main saving options." Replied his friend. "Cash, checking accounts, savings accounts, bonds, or stocks. When saving you must keep
inflation in mind. In order for your savings to retain their value they must at least keep pace with inflation rates. If you wisely invest your savings, then
you can actually make a profit with it.
The average rate of ... Show more content on Helpwriting.net ...
You can easily get a checking account that has no fees or minimum balance requirements. A checking account is only a small step above cash when it
comes to saving. A checking account is less risky as it protects yourmoney in the bank from being stolen, etc., but it does not protect your capital from
inflation. It is also nearly as liquid as cash and is thus a fairly similar option.
Savings Accounts
Saving accounts, your third option is a step up from the last two options, but not by much. Like the checking account you can get a saving account
from most banks. The average savings account has a 0.06% APY, annual
How to Save Page 3 percentage yield, or interest. Thus a savings account is low risk and fairly liquid like cash or a checking account, but still does
not keep up with inflation rates.
Bonds
Bonds, the fourth option also have their pros and cons. A bond is essentially a certain amount of money lent to a company or business for a set
amount of time. A bond issuer such as the US Treasury first decides that they need say $1 million, they then divide it up into say $1,000 sections (the
price of a bond is determined by supply and demand). Bond holders buy those bonds and at the end of a period they turn their bonds in to receive their
initial amount back plus some interest. The amount of interest the holder receives is based on the riskiness of the bond and the market rates. The

benefits of bond holding are the interest which can help counteract the
... Get more on HelpWriting.net ...

The Full Form Of Cdhp Is Consumer Directed Health Plan
CDHP Insurance Introduction: The full form of CDHP is consumer–directed health plan.. There are a few unique sorts of CDHPs–some that can be
matched with an individual plan and some that must be combined with a group plan means employer of the company. These are medical saving
plans which could give more care on our health. It let us make decisions about how we could get more dollars on our health based on some
conditions and factors. With a CDHP, we utilize some information about the expense and nature of different human services guide to control the
decisions. We can have options about doctors as well as hospitals to be used. We could ask doctors to make medications which are suitable for us.
Then accordingly we pay to our healthcare by... Show more content on Helpwriting.net ...
CDHPs have developed in prevalence since their origin, now selecting around 17 percent of individuals with superintendent supported protection. All
things considered, CDHPs have lessened human services spending, with investment funds extending from 5 to 14 percent. Investment funds are driven
fundamentally by decreases in spending on pharmaceuticals and outpatient visits, and are concentrated among healthier enrollees. While a few studies
find that CDHP enrollees lessen the utilization of medicinal services benefits aimlessly, different studies find that the diminishments are fundamentally
among visits for low seriousness conditions. There is no confirmation on the impact of CDHPs on wellbeing results. CDHPs have a tendency to draw
in higher wage, more instructed enrollees, yet there is no proof that CDHPs have prompted danger division bringing about dissolved protection scope.
Right now, all the confirmation on CDHPs is from expansive, self–insured employers for them who have positive choice into a CDHP. [3] Financial
Incentives in CDHPs: The principle behind CDHPs is that they increase the premium that patients have in their choices about utilization of therapeutic
care. Patients who devour medicinal care and exhaust their PHA could be using the resource that they can keep and use their benefit in the future.
Contrasted with patients with traditional insurance arrangements, in any event for spending beneath the

What Are The Advantages And Disadvantages For Frontline Pr
This paper will examine some potential advantages and disadvantages for implementing a health savings accounts (HSAs) at Frontline PR. Susan
Berry, the human resources director at Frontline PR, went to a national meeting on HSAs that sparked her interest in solving the high cost of healthcare
insurance problem that Frontline PR was having. Susan thinks that the HSAs plan is the answer she needs to help her medical insurance coverage
costs. Susan pitches the idea to Allison Jones who is the director of finance. Although Allison believes that there are some benefits to HSAs, Allison is
not sure if HSAs are the correct choice for the organization. This paper will discuss whether HSAs are recommended for Frontline PR and the
reasoning behind the recommendation. Keywords: HSAs, Frontline PR, Susan, Allisson, insurance
Frontline PR Case Study Upon returning from a national meeting on compensation and benefits, the HR director of Frontline PR takes interest in
HSAs as a reasonable choice for her organization. Susan's organization has been battling with the cost of medical insurance expenses and are looking
for a solution to decrease company costs to healthcare for the employees. There are 150 individuals that work for Frontline PR and the greater part of
Frontline's representatives are qualified to take part in Frontline PR's health insurance coverage benefits. Susan has talked about the HSA alternative
with Allison Jones who is the director of finance of Frontline

Banking Questions
Assignment 3: Banking
(16.0 points) 1. Visit the website of a large national bank, regional bank, or credit union, and use the information you find there to answer the questions
below. EXAMPLE: Some large banks you might consider include Bank of AmericaВ®, JPMorgan ChaseВ®, Wells FargoВ®, CitibankВ®, and U.S.
BankВ®. a. What is the name of the bank or credit union? (0.5 points)
Answer: The name of the bank I choose is First Tennessee Bank.
b. List three facts about savings account options at the bank or credit union you chose. (3 sentences. 1.0 points)– One thing about
Product Features
c. List three facts about checking account options at the bank or credit union you chose. (3 sentences. 1.0 points) d. Does this bank ... Show more
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(0.5 points)
b. List three differences you found between the accounts and features this bank or credit union offers and the bank from question 1 above. (1–3
sentences. 1.0 points)
c. Which of the two banks or credit unions that you researched would you be most likely to choose to open an account with? Why? (2–4 sentences. 2.5
points)
3. What type of bank risk would worry you the most as an account holder? How should the bank protect itself against that risk? (2–4 sentences. 1.0
points)
4. If you had a bank account, which two methods of completing transactions do you think you would use most frequently? Why? (2–4 sentences. 1.0
points)
5. In your Section_3 folder, navigate to and open the Example_Check_Register and Example_Bank_Statement, and then answer the questions below.
a. According to the bank statement, how many checks were written from this account during the statement period? (0.5 points)

b. There are two differences between the bank statement and the check register. Describe each of them. (2–4 sentences. 1.0 points) TIP: These are
transactions that Jessie Robinson forgot to write down in the check register.
c. Do you think it is best to keep track of finances using a check register, a bank statement, or both? Why? (2–4 sentences. 1.0 points)
d. List at least two non–discretionary expenses listed on the bank statement or check register. (1–2 sentences. 1.0

Statement Savings Account
When it comes to banking and creating accounts for money, it is a very serious matter. Depending on spending rates, what one plans to do with the
money, and whether or not they want to pay fees and earn interest, decides which saving account is right for that specific person. In my case, the
statement savings account is right for me. In my situation a statement savings account is right because it requires minimal fees, it is safe, and I can
access money very quickly. Although, if someone is looking for an account which they will earn high interest rate, choosing the Certificate of Deposit,
or money market savings account would be a better option. No matter which account one goes with, it is always good to make sure the financial
institution

Health Savings Account Essay
Are Health Savings Accounts Working Effectively?
Increasing health care costs has been a rampant issue in the US healthcare sector. In attempt to address the issue, the government has enforced different
measures. One of these measures includes health savings accounts (HSAs), which were introduced on December 8, 2003 under the Bush
administration. HSAs were created under the Medicare Prescription Drug, Improvement, and Modernization Act (Bonello & Lobo, 2012). HSAs work
by allowing consumers to purchase a costly health insurance with high deductable, before opening HSA account in financial institution, whereby
certain amount of contributions are made to the account. Tax–preferred basis is the main approach of making the contributions. In other ... Show more
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The most beneficiaries of HSAs do not required deductions offered under this accounts. This apparently implies that the tax incentives offered under the
HSAs undermine equality in the society. Higher–earning individuals are in a better position to cater for their medical bills in spite of cost.
According to report by NCPA, (2013), HSAs which have been evolving under Obama administration, are the courses of the problem in the US health
Care sector. The report informs that the accounts established the 3rd–party problem issue. Both the consumer and health care providers (doctor or
physician, or any other), lack the incentive to manage health care expenditures. In economics, price is among the determinants that determine
consumption of consumer.
NCPA, (2013) reported that consumers are more likely to consume more if prices decrease. Economists also argue that demand is negatively
correlated to price. That is, whenever price increases, demand declines. This is very true according to law of demand and supply. The law argues that
quantity of product/service demanded in market declines/increases when price increases/declines. As explained earlier, HSAs involve sharing of
medical costs, and more specifically, consumers are able to access costly medical care. Yet, neither consumers nor offers of medical care are involved
in evaluation of cost–benefit analysis in the entire

High Deductible Health Plans : Growing Popularity And...
High Deductible Health Plans: Their Growing Popularity and Impact on Consumers
The changing landscape of the current health care system in the United States has caused new methods of insurance to gain in popularity. The
High–deductible health plan (HDHP) is increasingly favored by employers and offered on the exchanges created under the Affordable Care Act
(ACA). According to the Centers for Medicare & Medicaid Services (CMS) a HDHP is "a plan that features higher deductibles than traditional
insurance plans. High deductible health plans (HDHPs) can be combined with a health savings account or a health reimbursement arrangement" (2015).
In the HDHPs premiums are lower, offset by the higher deductible. The health reimbursement arrangement (HRA) the employer contributes to a fund
for medical expenses while in the health savings account (HSA) which employees pay into but is not required of the employer (Shi & Singh, 2012, p.
208). The growing popularity of these plans is important as it will have effects on the healthcare costs as well as how consumers use healthcare.
Popularity of High Deductible Health Plans The popularity of HDHPs has grown exponentially in recent years. In 2005 HDHPs did not cover any
employees but by 2013 around 20% of employees were covered by HDHPs (Kaiser Family Foundation, 2013). Furthermore, under the ACA HDHPs
are offered in the lower tier plans and also allows the continued use of HDHPs by employers. By 2013 40% of large companies offered HDHPs to

Length and Savings Account Essay examples
1. If 5 times the value of a number is increased by 3, the result is 28. What is the number?
5x+3=28
5x=25 x=5 The answer is 5
2. If 4 times the reciprocal of a number is 3 more than 5/2 times the reciprocal of that number, find the number.
4*(1/x)=(5/2)*(1/x)+3
4/x=(5/2x)+3
(8/2x)=(5/2x)+3
(8/2x)–(5/2x)=3
(3/2x)=3
x=1/2
The answer would be x=1/2
3. John had $30,000 to invest. He invested part of this money in bonds paying 12% annual simple interest and the rest of the money in a savings
account giving 4% annual interest. At the end of the year, he received $2,400 as extra income. How much money did John place in each investment?
.4x+.12(30000–x)=2400
.04x+.12(30000)–.12x=2400
.04x+3600–.12x=2400
.12x–.04x+3600=2400 ... Show more content on Helpwriting.net ...
The length of a rectangular field is 50 feet less than its width. If the perimeter of the field is 840 feet, find the length of the field
2x+2y=840
2(y–50)+2y=840
2y–100+2y=840
4y=940 y=235 x=235–50 x=185 The length of the field would be 185Ft.
11. Alan participated in a car race in which he had to cover a distance of at least 50 kilometers. He had fuel in his car for a maximum distance of 53
kilometers. If the distance is given by , where t is the time in hours, find the minimum and maximum number of hours for which Alan can drive his
car. for at least 50 km s (t)=3t+47 s (t) =50
50=3t+47

3t=3 t=1 hour for a maximum of 53 km s(t)=53 53=3t+47
3t=6
t=2 hours
The minimum number of hours which Alan can drive is 1 hour. the maximum Alan can drive is 2hours.
12. in a 2–digit number, the number in the unit's place is 4 more than the number in the ten's place. If the digits of the number are reversed, the new
number is 6 more than thrice the original number. Find the original number.
13.
x= units digit y=tens digit
10x+y=3(10y+x)+6
7x–29y=6
7(y+4)–29y=6
7y+28–29y=6
–22y=–22
y=1
Therefore x=5
Therefore the original number is

Medtronic Health Insurance Case Study
Running Head: Medtronic's Health Insurance; Revisions 0 Medtronic's Health Insurance; Revisions Shelley Black OL620 Total Rewards August 4,
2017 Summary According to the case study, Consumer Health Care: Medtronic's Health Insurance Options, by Herzlinger, Hurwich and Bokser, I
have come to the conclusion that Medtronic was trying to offer an array of services to their employees but yet really didn't analyze what they were
providing. Currently, Medtronic offers three distinct health plans that are comparable with their employee's as well as industry competitors.
However, there were several areas that I found concerning that is in regards to cost where the company is spending more money than they need to.
Within this paper, I will be addressing some factors in areas such as where money could be saved so that they may be able to use this additional
money in other areas for the company. Restrictions At the time, Medtronic made decisions what they thought would be good for the company as well
as their employees. However, there are several areas of concern that could be redesigned to help accommodate cost as well as the company. One area
that I saw right away that needs attention immediately was the redesign of the part–time employee's hours. Currently, Medtronic considers part–time as
those who work 32 or less hours per week. According to the Affordable Care Act (ACA), if an employee works a minimum of 30 hours per week, they
are considered full–time and large

Personal Statement: Emergency Savings Account
Thanks again for reaching out. Here's my suggestions from our meeting.
1.Stop putting money into retirement for now. Take that 3% and set up an automatic transfer to your savings account and build an emergency savings
account. This will help you stay out of debt in the future. Once you have your emergency savings done, apply that 3% to your debt.
2.The more I think about it, I would check into consolidating your credit card and unsecured loan. Your options are either another unsecured loan or a
Personal Line of Credit. The PLC will give you a longer time to pay it off, but the interest rate is higher. Since you're wanting to pay the debt off ASAP,
I'd go with a shorter term and make more than the monthly payment if possible. Check the interest ... Show more content on Helpwriting.net ...
Confrontation is uncomfortable, but it's going to be uncomfortable no matter when you do it. So rather than spending weeks dreading it, just get it
over with. If you're feeling super edgy, confront them about how they turn on the heat and ac. Tell them to buy a damn fan. If they are cold, put on a
sweater. Haha
8.Sign up for mint.com. It's a great way to track expenses.
9.Get your 10% with sprint. http://www.lovemycreditunion.org/
10.Part–time job would be helpful. Just don't burn yourself out working at CFCU, a part–time job and going to school. If you need a reference, use me.
11.Learn to say "no." If you can't afford to hang out or don't want to, then don't. If they get mad, tell them you'll go if they pay. If you want to hang out
with them, but you can't afford it, make plans for the next paycheck.
12.See if you can find cheaper car insurance. I use Safeco. However, I went through Multi–Quote Insurance. They compare multiple insurance
companies rates. http://www.multiquoteinsurance.com/.
You might also check to see if you are over insuring your vehicle. I'm happy to look at it for you or here's an article that might be helpful: http:/
/www.daveramsey.com/blog/how–much–car–insurance

Sorry for the long email, but I think I covered it all. Try not to become too overwhelmed with it all. It's hard and debt sucks, but it'll get

Case Study Of Hispanic Growth Strategies
Hispanic Growth Strategy Updates
Ramon will begin to do business development starting in October
Stamford FCU kicked off Hispanic Heritage Month (HHM) with a staff celebration on September 15th. For the duration of HHM, the credit union staff
will wear buttons wishing members a Happy Hispanic Heritage Month.
Ramon will begin build relations and partnership with community organizations. Ramon has a background in banking, radio, and comedy. Stamford is
confident Ramon's personality will be well liked by the Hispanic community.
Ramon would like to reach potential Hispanic members at their jobs. Building relationships with local employers will hopefully get his foot on the door.
Stamford has two meetings coming up with local ... Show more content on Helpwriting.net ...
Coopera suggests exploring the possibility of having an unsecured credit building product for their members.
Coopera will share a sample credit building policy from Des Moines Metro Credit Union.
Coopera will draft talking points for Ramon and other staff members to use when meeting with local organizations to build partnerships.
Stamford and Coopera will have an ongoing conversation about products enhancements.
Coopera Team Transition Period
Alba's last week with Coopera was the week of September 25th. She has the opportunity to go back to her native country to spend time with her father.
Miriam de Dios, CEO, will be the primary liaison in the partnership between Stamford and Coopera
Coopera is dedicated to help Stamford enhance and growth their Hispanic growth efforts.
Credit Unions and the Rescission of DACA
Stamford is familiar with Deferred Action for Childhood Arrivals (DACA) program. They are aware that the program has been rescinded and is right
now with Congress.
It is important to keep discussing this topic for it might affect employee and credit union members.
Digital Marketing Opportunities
The Spanish marketing campaigns are surpassing English marketing campaigns in return of investment
Coopera is partnering with an organization to introduce a new digital marketing tool that will utilize IP address to reach the Hispanic market. Miriam
will send Dave and Bo more information about this innovative product

Sherly Heredina is

finance assignment 1
Assignment 1:
Part 1: Economic Basics
(10.0 points)
Please BOLD/HIGHLIGHT your answers to make it easy for me to see your answers.
1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you
personally. (4–6 sentences. 2.0 points)
It makes a plan for you to save money in order to buy a house, a car, go to college or afford to move into an apartment. I would like to start saving
money so I could be able to move out on my own and also to buy a car because right now I have to have my parents take me anywhere I want to go.
2. Imagine that you are considering moving to a new country and looking for a job there, but you first want to make sure the country has a ... Show
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d. Fill out the Amount You Owe section if Jessie owes the IRS money.
e. Do not fill out the Third Party Designee Section, the Sign Here section, or the Paid Preparer's Use Only Section.
f. Click the File menu, and then click Save so that your work is saved.
Part 3: Banking
(14.0 points)
1. Visit the website of a large national bank, regional bank, or credit union, and use the information you find there to answer the questions below.
EXAMPLE: Some large banks you might consider include Bank of AmericaВ®, JPMorgan ChaseВ®, Wells FargoВ®, CitibankВ®, and U.S. BankВ®.
a. What is the name of the bank or credit union? (0.5 points)
b. List three facts about savings account options at the bank or credit union you chose. (3 sentences. 1.0 points)
c. List three facts about checking account options at the bank or credit union you chose. (3 sentences. 1.0 points) d. Does this bank or credit union offer
online banking? (0.5 points)
e. Would you be likely to choose this as your bank or credit union? Why or why not? List at least two reasons for or against choosing this bank or
credit union. (3–6 sentences. 2.0 points)
2. Visit the website of a second large national bank, regional bank, or credit union, and use the information you find there to answer the questions
below. a. What is the name of the bank or credit union? (0.5 points)
b. List three differences you found between the accounts and features this bank or credit union offers and the bank from

Benefits Of A High Deductible Health Plan
The Healthcare System is a combination of politics, health care practices, finances and socioeconomic representatives of the United States of America.
There are many aspects of healthcare, such as health plans, that is not fully acknowledged by the American consumers. Current studies have also
suggested that consumers have a lack of understanding when it comes to healthcare which can lead to a lack of care (Islam, 2015). Private (i.e.
BlueCross) and public health (Medicare and/or Medicaid) insurance operatives have similar and different methods in which they are financing
medical services to the public. This research paper will discuss many aspects of a High Deductible Health Plan (HDHP). First, what a HDHP is and its
prevalence will be discussed. Second, a deliberation about why and how they are so popular will be addressed. Lastly, the pros and contra will be
considered and how they can affect your overall health and quality of life.
What is a High Deductible Health Plan?
A High Deductible Health Plan (HDHP) is a health care plan in which they monthly premium (amount that is paid by the consumer monthly or
annually) is lower, but the insured has higher out–of–pocket expenses. Out–of–pocket expenses or deductibles are the financial cost that the individual
pays on their own before their insurance pays its share ("High Deductible Health Plan (HDHP) – HealthCare.gov Glossary | HealthCare.gov," n.d.).
With the help of these HDHP, individuals also combine a Health Saving

What Do You Mean?
Sending money online is easier than ever these day, especially when you consider the availability of money transfer and third–party wallet accounts. An
increase in the use of transfer companies has led to people making common mistakes when sending money online, so here we cover a few of the most
common mistakes and offer possible solutions so that you do not repeat your mistakes.
What Do I Mean By Third–Party And Transfer Accounts
When referring to transfer accounts and transfer companies, I am referring to online accounts that transfer money without storing it. For example,
Transferwise allows you to create online money transfers, but it was not designed for holding money. However, PayPal allows you to transfer money,
but it is also ... Show more content on Helpwriting.net ...
Trying To Hide Overseas Income
If you are getting currency from overseas and it is classified as income, then your tax return will become more difficult to fill out, and you may have
to pay extra taxes. In order to avoid this, some people will have foreign currency transferred into a third–party account, convert it, and then either
withdraw or transfer it.
H4 – – Avoid These Mistakes When Sending Money Online
You are free to do this if you wish, but there is a chance you will be in trouble with the IRS if they discover that you are receiving currency from
abroad. When the IRS looks at your bank statement, they will see your currency (US dollars) entering your account from your third party service.
However, if they dig deep and take a look at your third party account, they will see that you have been receiving money from overseas––and they may
decide to punish you for not declaring it. If you want to avoid any chance of getting in trouble, then declare your overseas income on your tax return.
Using ACredit Card Rather Than A Debit Card
Some online money accounts will allow you to either fund your account with a credit card and/or will allow you to transfer money by linking a credit
card. It is more common with third–party services that also allow you to buy things. However, unless your transfer is signaled as a purchase, it is likely
to be regarded as a cash advance.

The Financial Struggles Of The Future
Everyday we are faced with the financial struggles of the future. As college students we are worried about pay rent, bills, and wondering how
many times we can defer our student loans because our bank accounts are on E. Then here are words like savings, retirement, and 401 k plans and
it is a completely foreign language to us. In our heads, how is it even plausible to think about saving money, when all we see in our current life is
money just being taken from us. We spend so much on going through college trying to get somewhere in life because we were always told you need
a degree to make money. So here we are 4 years later, diploma in hand, and started the career, but have 50,000 dollars in student loans and trying to
plan for when we... Show more content on Helpwriting.net ...
In my head student loans were not an options because I did not want to owe a bank just because I wanted to further my education. Thats when I
decided that I would start out at a local college and would transfer. After fighting with the university I wanted to go to and working in a nursing
home, I changed my major and ended up staying at the local college. Which made my tuition a whole lot less. Although my tuition is now taken
care of I still have to worry about rent, and bills. My part time job barely covers everything, and if I were ever to get shorted on hours I would be
tapping in to the weak saving I have. So here I am living pay check to pay check and not only trying to plan and gauge my future for the next 5, 10,
20 years but the big retirement. In my head I know how important it is because I have watched my grandparents suffer over the years. My
grandfather is 73 and works 6 days a week so him and my grandmother can back pay everything they missed when she lost her job. I know I don't
want to be that old, and working that much. I will want to be taking care of grandkids and traveling everywhere I haven't already seen.
With every good retirement plan there needs to be an end goal. My end goal is to live comfortably; I do not need a fancy house or expensive things. I
wanting to have a car and house completely paid off, with no plan on moving into a retirement

Disadvantages And Cons Of Credit Unions And Bank Differences
Credit Union and Bank Differences
Who credit unions vs. banks age–old financial discussion will win you wonder? Which of the loan option are more suits for the concept of loans for
housewives? What are the implementations of credit unions and bank loans process in UK? This article will help you make the right investment
decision, the pros and cons of both, credit unions and banks; we're going to try to explain.
The entire history of credit unions in UK, even to save taxpayer funds was not used a single time. However, in a few cases the bank rescue, the
taxpayer dollars with the 1980s and 1990s has been involved in the savings and loan crisis. Most of the time, people wanted to invest in banks and
credit unions or together. And it comes of pros and cons of is. Generally, similar services are... Show more content on Helpwriting.net ...
There is no external members and managers also like working on a voluntary basis, will provide extremely useful this kind of editing. The banks have
no ownership interest in any type of Bank Customers. Banks generally may not belong to investors to its customers. Credit unions, however, are
non–obvious to the public and serves only to their members. Eligibility requirements may be too tight, too, and they limit the number of members.
Banks are usually open to the public. Any restriction in the number of customers, in fact, try to get the number of customers are banks.
Credit unions are cooperative financial institutions for profit is not distributed to the members of the back–and earrings. Banks are companies that profit
to shareholders announced earnings payment. Credit unions based on a charter from the Federal Government or is regulated by the State. National
Credit Union federal credit unions share Insurance Fund (NCUSIF) within the scope of the insured. This is the bank loans in UK insurance fund is
more powerful. Depending on the State, Federal Government or a charter of banks by regulators are

Essay On Savings Account
Therefore, we wouldn't be able to start a savings account to consolidate a business, we couldn't even get the same car insurance due his lack of
driver's license. For me, it was stressful knowing he could be stopped by the police and had the car taken away, why wouldn't he let me help him to
resolve those issues? By the time we needed to file taxes, I organized all my documents in a shoe box and asked him to schedule an appointment with
the Tax preparer. We were married and I told him we needed to file together.
Samuel told me that he had already gone with his friend Frank and that we had to pay $2700 to the IRS. He asked me for $1000 dollars and he would
take care of the rest, I was in shock because I didn't understand why we had to pay ... Show more content on Helpwriting.net ...
My mother felt scared and asked him not to hurt me, that she would give him the box because it was in my car. He was really angry and insulting
me. I felt so scared and ran into my bedroom to grab some clothes, my mother and I left the house and I just remembered telling him he could file the
divorce, that I didn't want to be with him anymore and that I would return to pick up my things.
I felt humiliated in front of my mother, worried for her health because she suffers from high blood pressure. I'm trained to work as security guard, I
know I would be able to stop him but, I was in shock, his behavior was unexpected and I felt emotionally conflicted. Why was Samuel acting that
aggressive?
I returned to the house the next day to pick up my things, I thought he would be more tranquil. I found out that he changed the locks of the house and
he would not answer the phone.
I called the police to see if they could help me get my things but I didn't no report he threatened me with a knife. The only thing I wanted was to
recover my cars and personal documents and I thought that with the police help, he wouldn't act crazy. The police said that was not a police issue,
that I needed to go through the court because we were getting through a separation. So, I asked my brother and two friends to go with me and tried to
talk to him in order to recover my things, he also owed money to my brother but at that point I just wanted my personal belongings.
He called

Choosing The Right Financial Institution
Choosing the right financial institution to house your finances is imperative at any age or stage in your life. Just as life presents changing
circumstances, in most cases your money goals and needs will fluctuate with each event. Banks and Credit Unions both allocate financial services to
shelter several of your financial needs. Electing to conduct business with either a bank verses a credit union or even both is clearly only a decision that
only you can make. However, implementing best practices to manage your money and its longevity is a daily habit that will mold your money
management skills for the better. Taking into consideration the thought that the world is divided into two common areas of concerns, health and
finances. The reason being are both have an impact on oneself and those that depend on the condition and performance of your health and finances. For
those two reasons knowing your options will aid in guiding you to institutions the most adequate decision for your financial picture. Here are a few
thoughts to consider before making a choice.
Before researching financial institutions, first identify your banking habits. Are you a check writer, or a debit card user? Would you rather have full
access your account online, or would you rather conduct transactions in person? Although most banks and credits unions provide these basic features
that coincide with many types of checking a savings account, it's important to address any fees that support the services.

Assignment 3
Assignment 3: Banking
(16.0 points) 1. Visit the website of a large national bank, regional bank, or credit union, and use the information you find there to answer the questions
below. EXAMPLE: Some large banks you might consider include Bank of AmericaВ®, JPMorgan ChaseВ®, Wells FargoВ®, CitibankВ®, and U.S.
BankВ®. a. What is the name of the bank or credit union? (0.5 points) Answer: Bank of America
b. List three facts about savings account options at the bank or credit union you chose. (3 sentences. 1.0 points) Answer: regular savings is for standard
savings account; it's good if you're just started saving up. Personal savings is if you want to earn more interest with your balance account.
c. List three facts ... Show more content on Helpwriting.net ...
c. Which of the two banks or credit unions that you researched would you be most likely to choose to open an account with? Why? (2–4 sentences. 2.5
points) Answer: Bank of America because it just seem more reliable to me. It's more of a savings account bank than a checking account bank.
3. What type of bank risk would worry you the most as an account holder? How should the bank protect itself against that risk? (2–4 sentences. 1.0
points)
Answer: I worry about my cash being stolen.
4. If you had a bank account, which two methods of completing transactions do you think you would use most frequently? Why? (2–4 sentences. 1.0
points) Answer: I would do debit cards and cash.
5. In your Section_3 folder, navigate to and open the Example_Check_Register and Example_Bank_Statement, and then answer the questions below. a.
According to the bank statement, how many checks were written from this account during the statement period? (0.5 points) Answer: 8
b. There are two differences between the bank statement and the check register. Describe each of them. (2–4 sentences. 1.0 points) TIP: These are
transactions that Jessie Robinson forgot to write down in the check register. Answer: the check register describes in detail how she spent her money the
bank statement just informs you.
c. Do you think it is best to keep track of finances using a check register, a bank statement, or both? Why? (2–4 sentences. 1.0 points) Answer: I think
it's best to use

Essay On Hispanic Growth And Growth
Hispanic Growth Strategy Updates
Ramon will start his new role as Business Development ____ in October
Stamford FCU kicked off Hispanic Heritage Month (HHM) with a staff celebration on September 15th. For the duration of HHM, the credit union staff
will wear buttons wishing members a Happy Hispanic Heritage Month.
Ramon will begin to build relationships and partnerships with community organizations. Ramon has a background in banking, radio, and comedy.
Stamford is confident Ramon's personality will be well liked by the Hispanic community.
Ramon would like to reach potential Hispanic members at their jobs. Building relationships with local employers will hopefully get his foot in the door.
Stamford has meetings coming up with ... Show more content on Helpwriting.net ...
Stamford currently has a secured credit building product. Stamford will explore the possibility of an unsecured credit building product.
Coopera will share a sample credit building policy from Des Moines Metro Credit Union.
Coopera will draft talking points for Ramon to utilize when he meets with local organizations.
Stamford and Coopera will have an ongoing conversation about product enhancements.
Coopera Team Transition Period
Alba's last week with Coopera was the week of September 25th. She has the opportunity to go back to her native country to spend time with her father.
Miriam de Dios, CEO, will be the primary liaison in the partnership between Stamford and Coopera
Coopera is dedicated to help Stamford enhance and growth their Hispanic growth efforts.
Credit Unions and the Rescission of DACA
Stamford is familiar with Deferred Action for Childhood Arrivals (DACA) program. They are aware that the program has been rescinded and is right
now with Congress.
It is important to keep discussing this topic for it might affect employees and credit union members.
Digital Marketing Opportunities
The Spanish marketing campaigns are surpassing English marketing campaigns in return of investment.
Coopera is partnering with an organization to introduce a new digital marketing tool that will utilize IP addresses to reach the Hispanic market online.
Miriam will send Dave and Bo more information about this innovative product.

Sherlene

College Savings Account Essay
What is a college savings account and a debit card? A college savings account is when you save money for college by using a debit card and a debit
card I have saved my money since last year is a card issued by a bank allowing the holder to transfer money electronically to another bank account
when making a purchase. The financial services industry affects my life in many ways. On a personal level, I have a college savings account (debit
card) that I will save money for my college tuition. One reason is that there are few pros and cons of me using a debit card. The pros would be like
it takes me less time to complete a purchase and it keeps me within budget and the cons would be like getting charged for extra fees and it will not
help me to improve my credit ... Show more content on Helpwriting.net ...
In my opinion, some of the most essential reasons are taking out loans and it allows to pay expenses. This is also because taking out loans can
help me to borrow what I need by using a debit card by looking carefully at a college cost, my cost of living, my family's contribution, my financial
aid award and paying the expenses in college like books, cost of dorm, etc. if necessary. This also proves that, paying for college is not really easy
by using a debit card that you must/should try to work first, then apply to colleges that you are interested in going to get some scholarships and
your parents should be paying the other expenses for your college stuffs (paying the dorm, paying the cost of living, etc.). The last reason is that,
overall, the financial services industry plays an important role in society and it is critical to the health of our economy. For another example, it helps
individuals save money and it will help them make more money. This lastly shows that, saving money and making more money by using a debit card
is quite really easy as long as you have work and to get paid minimum

Is Outsourcing Medical Billing Worth the Cost? Essay
Outsourcing medical billing in today's economy; is it worth the cost? This is a question I am sure many physicians find themselves asking. When the
real question should be: "Can you afford not to outsource your medical billing in today's economy? "
Having worked in a medical office for many years and doing medical billing in that office, I have seen first hand the lack of attention and dedication
that is placed on the medical billing department. Many times in a busy medical office the job of doing the billing may be placed on someone who has
extra time on their hands or has "down time" from their regular duties. If the physician does have an actual billing department with staff dedicated to
billing, many times they do not work as ... Show more content on Helpwriting.net ...
It is crucial to the success of a practice to have a very personalized relationship with the billing company. The billing company should function as an
extension of the physician's office working toward mutual goals.
It is imperative to research the billing company prior to hiring them. Do they have certified coders working for them? Do they have the resources to
know the most up to date changes from the insurance carriers? What software do they use? Do they provide in– depth reports on a regular basis to
track A/R ? Do they provide training and updates to the front staff of the office, (where the actual medical billing process begins)? These are questions
that should be asked of any prospective medical billing company. A physician should feel confident in the billing company's answers and have an
excellent rapport with their staff.
Training front office staff is one of the most crucial aspects of the billing process. The front staff is usually responsible for obtaining the correct
demographic information as well as insurance information from the patient. Without the correct information the claims will never be paid. This is why
training front staff on insurances, collecting co–pays and knowing when to collect for additional charges that may not be covered by the patient's
insurance is

Regular Savings Account
A regular savings account requires you to put money into it each month. In return from lending some money to the bank for that month they will add
interest into your account based upon how much money you have in your account, the high amount you have the higher interest you will receive. A
money market deposit account is a type of savings account. This savings account has a slightly higher interest rate each month. But the downside of
owning one of these saving accounts is that you have to put in a higher amount of money each month. So if you have more money to deposit it is better
than a regular savings account. An online–only savings account is a savings account that you can only access through the internet. These savings
account are known... Show more content on Helpwriting.net ...
A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short–term debt. The
combined holdings of the mutual fund are known as its portfolio. There are 4 types of mutual funds, money market funds, bond funds, stock funds,
target date funds. Real estate is property comprised of real estate can be grouped into three broad categories based on its use: residential,
commercial and industrial. Examples of residential real estate include undeveloped land, houses, condominiums and town homes; examples of
commercial real estate are office buildings, warehouses and retail store buildings; and examples of industrial real estate are factories, mines and
farms. A 401k is a retirement savings account. It is set up by your employer and has tax and savings advantages. There are different 401k plans that
your company might have. One of them might be a matching program. This is when you put in a certain amount of money to your 401k, the company
you work for will also pay a percentage of what you put

This Research Paper Is Talking About The High Deductible
This research paper is talking about the high deductible plans in the U.S and why it is growing in popularity. The trend of the HDHP began before
the passing of the Affordable Care Plan. One of the reasons for this increase was believed to be the saving options that the HDHP offers to drive more
consumers. The number of employers that offered the HDHP went up very fast. Some researchers say that the HDHP saves enrollees money, but it
reduces preventative care. Other studies showed that when individuals shifted from the low deductible health plan toward HDHP, the health care
spending dropped. The HDHP has more benefits to the young, healthy individuals than to the elderly sick individuals. The question is why the HDHP
is growing in ... Show more content on Helpwriting.net ...
In 2015, HDHP covered 24% of the workers in the employers that offer it, up from just 4% in 2006 (Kaiser/HRET, 2015). The increase in the number
of the HDHP enrollees didn't only occur in an employment–based market, but also in an individual–based market due to high deductibles. In fact, 90
percent of the individuals covered by the Affordable Care Act (ACA) marketplace pay higher deductible than the deductibles of the HDHP (Health
Affairs, 2016). One of the reasons for this increase is the saving options that the HDHP offer to drive more consumers. The consumers will face high
health care prices and this will make them think about whether deciding to look for care or not. As a result, this will reduce health care spending. A
study showed that when individuals shifted from the low deductible health plan toward HDHP, their health spending dropped by 14% (RAND, 2011).
Some researchers say that it's true that HDHP save money and cut health spending, but at the same time it reduces preventative care (RAND, 2011).
Individuals who are young and healthy and are covered by the HDHP will avoid checking for their children immunizations, mammograms, or any other
screening unless in case of emergency. This, in turn, will cause more issues regarding health later on. The HDHP has benefits to a young, healthy
individual who doesn't need to

Prize-Linked Savings Account Analysis
This paper explains what Prize Linked Savings accounts are, offering both definition and description. "This paper describes these products, provides
examples of their use, argues for their potential popularity in the United States – especially to low and moderate income non–savers – and discusses the
laws and regulations in the United States that largely prohibit their issuance." This information comes from a credible set of authors from a credible
institution. There is a vast amount of information regarding PLS accounts that will be useful for the core idea and implementing it as well as
providing possible rebuttals. This is my first solution for the second part of my plan. Prize–linked saving accounts will have two positive effects on the

Health Savings Account
Are Health Savings Accounts Working Effectively? Health savings accounts were originally created to encourage people to have control over how
their money was spent on their healthcare. If the funding was coming from their private source than people would be less likely to use unneeded
treatments or investigate costs prior to utilizing, to get the most from their money. Similar to the idea of when people use cash for their spending in
place of plastic, credit or debit cards. People tend to be more frugal with their spending with cash. The concept that they were hoping for to be true
would respond in millions of people operating with this thinking that it would decrease the use of wasteful decreasing costs/rates. This would give
power... Show more content on Helpwriting.net ...
Prior to having a high deductible plan I had traditional personal choice insurance plan that I was able to get from my employer for my family of five
for $240.00 a paycheck which was twenty six bi–weekly costing me $6,240 out of immediate salary with an eighty to twenty deductible. The first
year my premium went down to $121.78 a biweekly paycheck. The high deductible was $2000. My employer paid $1000.00 and once deductible
was met all costs under insurance were covered. Since then the premium went to $137.74 with a $3000.00 deductible. Currently my premium is
$160.96 a bi weekly paycheck with a $4000.00 deductible and now an eighty/twenty deductible at office visits, prescription plans. There are
allotted certain automatic fees for hospitalizations and high costs testing. A few preventative care costs are included for example, once a year well
visits. If I pay into my HAS account I have started with fees as listed earlier then an ongoing fees of $5.00 a month to maintain it. In order to just
cover the $4000.00 deductible I have to take out of my pay $153.85 bi weekly just to meet. In order to use advantage of tax free income the benefits
of putting more into HAS do not outweigh other needs and costs. I have put in more than needed to meet deductible to help with copays. On top of
what is not included my husband has type I diabetes on an insulin pump which the equipment is only covered 66%. Having using the insulin

Health Savings Account Essay
You might be wondering what a Health Savings Account is and whether or not it can be used in conjunction with Medicare. A health savings account
or HSA is an account that was created for employees with a high–deductible health plan (HDHPS). The funds that are contributed to an HSA do not get
taxed when put into the account or when withdrawn as long as the funds are used to pay for any qualified medical expenses that you incur.
It is possible that your HSA will be overseen by your employer, but it can also be looked after by your bank, insurance company or credit union as well.
If you will be eligible for Medicare soon and you have an HSA, you need to understand how enrolling in Medicare will affect your account and how
you can use it.
How Do HSAs Work with High–Deductible Health Plans? ... Show more content on Helpwriting.net ...
Once the deductible is reached, the HDHP will cover your costs for the rest of the year.
Using an HSA Account with a High–Deductible Health Plan
When you use an HSA account with a high–deductible health plan there are a few things you need to keep in mind. Once you enroll in Medicare it
will affect how you are able to use your HSA. For example, you can't be enrolled in Medicare Part A and/or Part B and still contribute pre–tax dollars
to your HSA.
In order to keep contributing to your HSA, you are not able to have any other type of health insurance other than an HDHP. On the month you are first
eligible for Medicare, your account should be changed over to zero dollars a month in order to avoid any tax penalties.
You may be able to still withdraw money, however, from your HSA once you enroll in Medicare in order to help pay for any medical expenses you
may incur. These expenses can include deductibles, copayments, premiums and coinsurances. If you use the account for any qualified medical expense,
these funds will be

Savings Account Proposal
Overview A client at age seventy to seventy–five, although they do not necessarily worry about how much time they have left still have some life left
that they must consider. Someone at this age range would typically already have a family and might also have grandkids as well. Also for someone in
their declining years they would possibly already be in retirement and be in a steady place to retire. Although our client has been settled in there life
style there are still certain risk that they can still face. One of the bigger risk they might face is running out of retirement money because they didn't
financially prepare themselves. One thing they can't really prepare for is the need for having medicine at the old age for their health. Along with this,
another risk they can have is just getting bored ... Show more content on Helpwriting.net ...
This once again would be great for our client because this financial product holds very little risk to him. The only thing our client will have to
worry about how much coverage he will be getting while his money is in here. If he goes to a bank that is FDIC insured his money will be safe all
the way up to 25,000 dollars, and even if he were to go over he can simply just move the excess money into a new account so there is no risk.
Although this does not offer as much interest as a CD it can still make money while just sitting in the bank which is better than not making any at
all. The bonus to having a savings is hoe liquid these accounts are. The money can be acquired at any point and time especially if he gets a debit
card which will pull money straight from his account. This would come in handy if there was ever an emergency and the money needed to be taken
out at a time that they were not expecting. This is helpful going with our client because he is in declining health and can get certain illnesses and
other issues where money will be needed to get that money out as quickly as possible to pay off those

Tax Free Savings Account (TFSA)
As many Canadians plan for their financial future, it's important they don't lose sight of an important alternative investment, a tax–free savings account.
A tax–free savings account, or TFSA for short, is a flexible, registered savings account that allows Canadians to earn tax–free investment income for
life. Unlike other savings accounts, investment income earned through a TFSA, such as interest, capital gains and dividends, is not taxed. This means
you can withdraw money at any time from your TFSA without penalty or tax consequences.
As you can imagine, the TFSA has generated a lot of positive interest across Canada and has grown in popularity since it was introduced in 2009.
According to the Canada Revenue Agency, since 2009 more than 10 million TFSAs have been opened, with a combined value of more than $88
billion. The TFSA has proven useful both as a specific purpose savings account and as an investment vehicle for people looking generate tax–free
income. ... Show more content on Helpwriting.net ...
A TFSA is also a great way to complement other investment plans like RRSPs and RESPs. This makes the tax–free savings account appropriate for all
types of investors.
If you're a Canadian resident aged 18 or older with a valid social insurance number, you are eligible for a TFSA. Regardless of when you open up a
TFSA, there is no lifetime contribution limit. This means you will accumulate contribution room equal to the annual contribution limit every year of
your life, even after the age of 71, which is the limit for

Personal Narrative: My Personal Savings Account
I have a very strong relationship with money and know how to use (and save) it effectively. I have a personal savings account which was opened
by my dad when I was very young. Any time I got some birthday money or any other type of cash, my dad and I would go to the bank and put it in
my saving account. Over the years I have put a lot of money into savings and continue to do so. Most of the money that have in there now is from my
4–H projects and from the sale of my 4–H steers. I opened a checking account for my 4–H steers last year. I needed a better way to keep track of
transactions and an easier way to pay out money to whomever I was paying. I use it primarily for my 4–H project but I also have a debit card
connected to the account. I use the debit card for gas and if I forgot to grab cash, but I try to keep my use minimal. I keep less than $300 in the
account at any given time, but I don't want to risk even losing that much. The beef project is, in my opinion, one of the most... Show more content on
Helpwriting.net ...
I really enjoy being the treasurer of the 4–H club because I have learned a ton about accounting and record keeping. Every year I have to adjust the
club's budget and add or remove any items from the list. I also have to calculate the amount of fundraising we would have to do to cover our
expenses. In addition to making a budget, I have to keep records of the club's financial transactions. I keep the records on a monthly schedule and
prefer an accrual method to accounting. The accrual accounting method calculates transactions that happened in that month rather than what passes
through the bank. This keeps the books more accurate to what happened in that month. I have also learned how to balance a checkbook during my
time as treasurer. I really figured out why people want you to deposit or cash their checks right away because it makes for a giant headache if they

RBC Tax-Free Savings Account Analysis
The RBC Tax–Free Savings Account is an adaptable venture account that lets you put something aside for any short–or long haul objective–without
being exhausted on your speculation profit or when you pull back assets.
For instance, you can utilize your TFSA to put something aside for another auto, home remodels, a get–away, an impromptu crisis, your retirement and
more.The points of interest overseeing Tax–Free Savings Accounts are set out in the Federal Income Tax Act and are controlled by the Canada Revenue
Agency (CRA). Beneath we have outlined the key angles you ought to know.
You might open the same number of TFSAs as you wish, the length of you stick to your commitment limit. You are allowed to exchange your TFSAs
between money related

Healthcare Reform: The Patient Protection and The...
Healthcare reform has become an important issue with many Americans since the passage of the Patient Protection and the Affordable Care Act in
2010. It took years of fighting and refining the bill before it became law, and it represents the lasting legacy of the Obama administration. The Act will
allow millions of Americans who were previously uninsured to gain coverage through expanded Medicaid and Medicare programs or through federal
or state insurance exchanges. Although the idea of providing healthcare to those who need it but can't afford it is a noble one, one major question
remains. Who will pay for the increase costs associated with expanding coverage? Health insurance is predicated on the spreading of risk. The young
and healthy are used to subsidize the cost associated with the care of the old and unhealthy. Congress attempted to address this by placing within the
Affordable Care Act a provision which imposes a "tax" of one percent of taxable income on any American who chose not to purchase insurance
coverage with the tax increasing every year up to 2.5% for every year they go without coverage. Despite this provision many young Americans are
opting out of health coverage and instead will pay the tax. Younger people are making this choice because the tax they pay will ultimately cost them
less than a year's worth of coverage. Not having the younger population covering the costs of the unhealthy could lead to a "death spiral" because
private insurance companies are

Health Savings Accounts Analysis
The Medicare Modernization Act of 2003 created Health Savings Accounts (HSAs), as a tool to help control health care costs. HSAs are tax free
accounts that are designed to aid individuals in saving for future medical expenses (NCSL, 2016). It was widely believed that individuals would
spend their health care dollars more wisely if they were spending their own money (Mayoclinic, 2016). These savings accounts are often paired with a
high deductible health plans and now have become the most common type of Consumer Driven Health Plans (CDHP) (LoSasso, Shah & Frogner,
2010). The savings account is funded with pretax dollars which are used to pay for health expenditures. The accounts contributions earn interest and are
owned by the individual,... Show more content on Helpwriting.net ...
An individual might find themselves in the position in which they may have to use after tax dollars to fund their HSA. In addition to individuals
should not depend on their HSA as a supplemental retirement vehicle (Sedhom, 2008). As an accounts balance grows, individuals may be tempted to
avoid medical care. Thus these individuals who chose to ignore their health may delay treatment and force themselves into an extremely costly
situation. HSAs do offer choices for consumers and may have a continued place in the future of medicine. HSAs have changed the landscape of how
the health care system in the United States works. Pricing is driven by competition and HSAs are an avenue of approach. Currently, HSAs have
spurred competition in the financial sector due to financial groups catering to investors (Klug & Chianese, 2010). No one knows what the future
holds, but the current data supports HSAs to be a success. I personally am still wary of them and I feel the verdict has yet to be determined about the
overall value of

How Does Someone Truly Convey Who They Are?
How does someone truly convey who they are, simply through paper and pen? It is difficult to fully express what composes our character: the
personal trials and courageous triumphs, the little quirks, and the purest passions. However, I have come to the realization that the best way to
describe yourself is through the eyes of others. Therefore, my personality can be depicted through the conclusion of my friends. They say that
Strawberries and Cream ice cream perfectly reflects my personality: bright, cheerful, and sweet. Furthermore, I wear many hats. I am not only a cheesy
joke lover, but an avid bookworm, an outdoor enthusiast, a science nerd, a wannabe chef, a dancer, and a caring sister. Who I am is created through
this compilation and... Show more content on Helpwriting.net ...
I had the honor of being able to present four checks during my year. Their beaming smiles made all the hard work worth it. This last year I held the
state position of Miss Wisconsin Job's Daughter. In this office, I worked as the head of promotion for the state, but also as a role model for the
girls. During my term, it was my mission to instill confidence into the girls, encourage them to share their individual gifts and talents, and make them
realize their importance. I learned the significance of supporting others, and that a kind word or action can make an impact. One of my duties as
Miss Wisconsin Job's Daughter was to run in the pageant for the title of Miss International Job's Daughter. This rigorous competition lasted a week,
and it consisted of an interview, a test, a public speaking portion, an impromptu question on stage and overall stage presence during the pageant itself.
I competed against 32 girls from all over the United States, Brazil, the Philippines, Canada, and Australia. While I was one of the youngest competitors
in the pageant, I received first place in the written test, second place in the public speaking portion, and overall won first runner–up. This was an
amazing experience that exposed me to other cultures, taught me valuable communication skills, and gave me a plethora of lasting friendships around
the world and memories. I am also very active within my school's

Health Insurance Video
Are you new to health insurance or just would like a better understanding of how it works? It certainly can be rough waters to navigate with lots of
industry jargon that is difficult to grasp. There is no shortage of quality information on the basics of health insurance to read, but what if you're more of
a visual learner? We've compiled 13 YouTube videos that explain, in plain language, how our most importanthealth and financial safety net works.
https://www.youtube.com/watch?v=hviyXk1Xz64
This video explains why you need health insurance. No one plans on becoming sick or injured, but the reality is that most of us will at some point.
Health insurance covers your care the expenses when that time comes.
https://www.youtube.com/watch?v=UyZ37RQEGsg ... Show more content on Helpwriting.net ...
Many opt for a few months of interim emergency–only coverage, that is called a "catastrophic" plan. There are a few pros and cons to having a plan
like this and this video goes over them all.
https://www.youtube.com/watch?v=BgqZ3gXTC9M
If you're over 65, you are shopping for a Medicare plan, which has its own unique benefits and expenses. This video covers the parts of the plan and
what they each cover. It also goes into the optional prescription drug plan.
https://www.youtube.com/watch?v=xCjz6Gtfdf4
This helpful video goes over the top 10 questions about Medicare and offers some tips for how to get the most coverage for your dollar.
Shopping for a health insurance plan is not to be taken lightly. When you purchase a plan, you are entering into a financial agreement with a company
that could last years or more. To make sure that you fully understand what is at stake and that you are providing an adequate safety net for yourself,
you need to learn about the product. By reading articles on the basics and watching videos on the ins–and–outs of the plans, you'll become a savvy

The Health Savings Accounts By Linda J. Blumberg
The health savings accounts were created in 2003, and the main purpose was to cover out of pocket medical expenses during the year and to obtain
wellness and greater quality of care. To open health saving account, the person should buy an inexpensive health insurance plan which usually has a
high deductible. Therefore, the Health saving account provides the opportunity to cover out of pocket costs. The American Benefits Council, from
"Statement before the Subcommittee on Health of the House Committee on Ways and Means" believes that health savings accounts are working
successfully and help many millions of Americans. In contrast, Linda J. Blumberg, from "Testimony before the Subcommittee on Health of the House
Committee on Ways and Means"... Show more content on Helpwriting.net ...
Most recent data shows that people benefit from health saving accounts and that they have sufficient amount on the account to cover out of pocket
expenses. Furthermore, data indicates that health saving accounts are not being used as tax shelters by people with high income. It reveals that
majority of individuals who has an account has incomes below $60,000. The most important that the same survey establishes that 41% of health saving
accounts purchasers did not have medical insurance in the past six months period. Many people point out that money on those accounts may be used
for many reasons. However, the early data showed that customers of the accounts are using their HSAs as proposed – mostly to cover qualified medical
costs. The council has confidence in those imposing third–party substantiation requirements on HSAs will increase expenses and limit Americans'
opportunities for health care coverage. These additional costs will limit the attractiveness and efficacy of health savings accounts. Linda J. Blumberg
has a diverse opinion about health savings accounts. She demonstrates that those accounts could be beneficial only for high–income customers. She
states that "The GAO analysis found that the average adjusted gross income of HAS participants was about $139,000 in 2005, compared with $57,000
for all other

Essay on Planning to Purchase a First Home
Student name: Doan My Hanh Tran
Student ID: 2579564
Tutor: Jean Chin
Tutorial class time: Friday – 1.30PM to 3.30PM
BFIN001: Portfolio Assessment
2013 Semester 2
Assignment C (10% of Total Grade)
Planning to Purchase a First Home
Introduction
My name is Hannah Tran. I am an international student undertaking my last year for a Bachelor of Business degree at University of Australia. I am
living with my sister. However, I would like to make up a plan to purchase my first home 8 years after graduating from university. At the end of this
year, I would have $6,000 set aside from home purchase. Each year, I would earn 5.5% interest on savings. I do not expect receiving gifts from my
family on the date of my first home purchase, as I ... Show more content on Helpwriting.net ...
Comment
This amount of annual saving is possible. $7,467.82 per year is equal to $622.32 per month, or $143.61 per week. The minimum wages for employee
in Australia is $15 an hour. Even international student might work up to 20 hours a week, which is equal to $300. Since I am living with my sister in
Sydney, I do not have to pay for rent. While a typical international student might savemoney by sharing a room with their friends, so that they might
pay only $50 – $80 a week per person living in suburb areas. Transportation and food might cost up to $70 a week per person, if people buy food
and cook by themselves. Plus, after my graduating, I might find a company to sponsor me. Thus, there is no working limit. I might go to work more
and save more for my plan as well. Therefore, this saving target is achievable.
C. Risks [4 marks]
However, as future is unpredictable, there are some risks that might affect my first home financing plan. These are two examples for the risks that I
might have to face: 1. Unemployment a) As there are more and more people coming to Australia to study and to seek for jobs, the competitive ratio is
higher and

Health care cost Analysis Essay
Health Care Costs Analysis
Healthcare is expensive and Americans want the best possible healthcare they can get. Consumers are demanding more tests, better drugs and
insurance coverage. Americans desire a high quality of life and insurers/employers are trying to provide the means, but cost effectively and without
raising costs. In order to do this, "consumers will have to make more decisions, pay more and perhaps demand greater value" (Barr, Paul).
"The common forces driving utilization and costs are medical technology advancement, demanding consumers, and an aging population" (Barr).
Advancements can be seen all over the medical field in areas such ... Show more content on Helpwriting.net ...
This Act creates a problem for the federal government: an even largerbudget deficit. "Medicare eats up a large share of government
expenditures...there [is] not ...enough money to keep Medicare as it now operates afloat. Everybody's freaking about it" (Barr). Providers who
currently accept Medicare have even stated that they will not continue to accept this form of payment if the rates for service decrease or fees are not
paid.
There is also the issue of the uninsured and the underinsured whom generate charges for services that are not paid. There are currently 45 million
Americans without insurance. These people are not denied services when they are life threatening, therefore their unpaid bills are absorbed by the
hospitals and providers thus passed on to the consumer in the form of higher charges for service.
Those who have insurance and seek services are living longer. "As Americans live longer with chronic illnesses, the definition of good health that can
be financed through insurance has been dramatically expanded" (Schaeffer, Leonard D.). This also translates into people expecting services for quality
of life issues. Some of those quality of life services are the prescribing of medications for erectile dysfunction (ED) and experimental cancer treatment
drugs that have not been proven to be wholly effective. "Americans

Disadvantages Of Flexible Saving Account
Flexible saving Accounts (FSAs) are a kind of cafeteria plan letting employees to choose cash and specified welfares by the method of a payroll
inference that they designate each year. Such plan enables the company to expand benefit selections on a tax–advantaged foundation to employees with
negligible extra out–of–pocket expenses. Flexible spending accounts provides several advantages to Blue Post Company and the employees. Though,
there are some difficulties to be aware of. The most common one is the "utilize it or lose it" characteristic. Any amounts donated to an account besides
not consumed during the span of the year are lost to the Blue Post Company. FSA can be set up as compensation degeneration plans which are financed
totally with representative commitments from their pay checks. The duty law restricts what amount can be contributed every year by representatives to
their adaptable spending accounts (Johnson et al, 2013). The following are the types of... Show more content on Helpwriting.net ...
Without this sort of arrangement, the employees may need to think of cash for co–pays when they visit the specialist, remedy costs, and numerous
other little expenses. Nonetheless, by utilizing a Flexible Saving Account, the employees can maintain a strategic distance from a considerable measure
of these little costs and secure their financial plan (John et al., 2014). Another point of preference of this sort of arrangement is that they can pay for
over–the–counter medications. There is a rundown of particular over–the–counter medications that can be paid for with assets from the Flexible Saving
Account. Numerous different sorts of health arrangements do not cover over–the–counter medications in any structure. This furnishes employees with
a considerable measure of adaptability by the way they can utilize the assets from their Flexible Saving Account (John et al.,

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