This document provides a high-level overview of personal financial management from a faith-based perspective. It covers topics such as earning and acquiring wealth through providing valuable services, managing wealth through budgeting and saving, and passing on wealth through estate planning and wills. The document emphasizes that money should be viewed as a tool to be used responsibly rather than a master to be obsessed over. It also stresses the importance of credit history and budgeting to financial success.
I am glad that our small quarterly magazine "Life-A Promise" has published on time. The extraordinary achievements of the children always motivated me. I am proud to be able to highlight the achievements of some of the children of Shillong in this issue.. Everbloom K. Nongrum, Miss Bipasha Dhar, Master Arman Sharma, Master Saruya Kanuar, Miss Debashmita Chakraborty these five little children has done extraordinary jobs in their respective field. This issue is the witness of their achievements. Our Best Wishes to these little kids. Gopinath Sir's wonderful article is like a gift to us. We must read again and again "Why Discipline savings is always ahead than financial intelligence". With your good wishes and love, I will go ahead with something new again. Thank you all.
This document discusses debt management and analyzing one's loan portfolio as an important part of financial planning. It states that a loan portfolio has a big impact on investible surplus, so it is important to analyze loans to pay them off strategically or manage them to reduce interest costs and increase surplus. It then provides tips for analyzing one's loan portfolio, including understanding interest rates, monthly EMIs, loan types and balances, and macroeconomic factors that could impact floating rate loans. The overall message is that having a "5D view" of one's full loan portfolio is important for effective debt management and cash flow optimization.
Our quarterly magazine "LIfe-A Promise" has blossomed in a new way. It is only with your blessings that we have been able to republish this magazine amidst the sweet fragrance of festivals. Thank you all. I would urge everyone to read Gopinath Sir's article. We are very happy to be able to print beautiful writings of the youngest students of Shillong. We need blessings from all our readers and well wishers
The document discusses various financial topics including loans, inflation, sales tax, paychecks, investing for a child's education, credit cards, insurance, and reducing costs for college loans. Key points include that it's most beneficial to get a loan when the payoff outweighs the costs, inflation hurts lenders and helps borrowers, sales tax funds government services and the rich pay more than the poor, income tax and social security are deducted from paychecks, and federal loans and having parents co-sign can help reduce costs for college loans.
Citi's Linda Descano and consumer advocate Elisabeth Leamy share advice for getting your personal finances in order.
Connect: Professional Women’s Network is online community with more than 440,000 members that discusses issues relevant to women and their success. The free LinkedIn group powered by Citi also features videos interviews with influential businesswomen, live Q&As with experts and slideshows with career advice. To learn more and join the conversation in the largest women's group on LinkedIn, visit http://www.linkedin.com/womenconnect.
For newly married couples, financial planning is important to set priorities and evaluate needs. Short term planning includes insurance, savings of 6 months income, assets like cars and homes, and incidental expenses. Medium term includes real estate, children's education, and retirement plans. Long term focuses on higher education, assessing retirement funds, estate planning, and post-retirement expenses. It is advised to discuss finances openly, set monetary goals together, manage accounts jointly or individually, create budgets, have regular money meetings, take measured risks, build emergency funds, and trust each other. Financial planning helps fulfill goals but flexibility is also needed to adjust to life changes.
A parent’s guide to providing children with the necessary basic financial skills as early as possible. It’s never too early to develop good saving and spending habits!
I am glad that our small quarterly magazine "Life-A Promise" has published on time. The extraordinary achievements of the children always motivated me. I am proud to be able to highlight the achievements of some of the children of Shillong in this issue.. Everbloom K. Nongrum, Miss Bipasha Dhar, Master Arman Sharma, Master Saruya Kanuar, Miss Debashmita Chakraborty these five little children has done extraordinary jobs in their respective field. This issue is the witness of their achievements. Our Best Wishes to these little kids. Gopinath Sir's wonderful article is like a gift to us. We must read again and again "Why Discipline savings is always ahead than financial intelligence". With your good wishes and love, I will go ahead with something new again. Thank you all.
This document discusses debt management and analyzing one's loan portfolio as an important part of financial planning. It states that a loan portfolio has a big impact on investible surplus, so it is important to analyze loans to pay them off strategically or manage them to reduce interest costs and increase surplus. It then provides tips for analyzing one's loan portfolio, including understanding interest rates, monthly EMIs, loan types and balances, and macroeconomic factors that could impact floating rate loans. The overall message is that having a "5D view" of one's full loan portfolio is important for effective debt management and cash flow optimization.
Our quarterly magazine "LIfe-A Promise" has blossomed in a new way. It is only with your blessings that we have been able to republish this magazine amidst the sweet fragrance of festivals. Thank you all. I would urge everyone to read Gopinath Sir's article. We are very happy to be able to print beautiful writings of the youngest students of Shillong. We need blessings from all our readers and well wishers
The document discusses various financial topics including loans, inflation, sales tax, paychecks, investing for a child's education, credit cards, insurance, and reducing costs for college loans. Key points include that it's most beneficial to get a loan when the payoff outweighs the costs, inflation hurts lenders and helps borrowers, sales tax funds government services and the rich pay more than the poor, income tax and social security are deducted from paychecks, and federal loans and having parents co-sign can help reduce costs for college loans.
Citi's Linda Descano and consumer advocate Elisabeth Leamy share advice for getting your personal finances in order.
Connect: Professional Women’s Network is online community with more than 440,000 members that discusses issues relevant to women and their success. The free LinkedIn group powered by Citi also features videos interviews with influential businesswomen, live Q&As with experts and slideshows with career advice. To learn more and join the conversation in the largest women's group on LinkedIn, visit http://www.linkedin.com/womenconnect.
For newly married couples, financial planning is important to set priorities and evaluate needs. Short term planning includes insurance, savings of 6 months income, assets like cars and homes, and incidental expenses. Medium term includes real estate, children's education, and retirement plans. Long term focuses on higher education, assessing retirement funds, estate planning, and post-retirement expenses. It is advised to discuss finances openly, set monetary goals together, manage accounts jointly or individually, create budgets, have regular money meetings, take measured risks, build emergency funds, and trust each other. Financial planning helps fulfill goals but flexibility is also needed to adjust to life changes.
A parent’s guide to providing children with the necessary basic financial skills as early as possible. It’s never too early to develop good saving and spending habits!
The document provides an overview of a training for callers who will be soliciting member loans for a co-op market. The training covers the purpose of member loans, fundraising goals, terminology related to the loans, sample scripts and tips for calls, and addresses any concerns from the callers. The desired outcomes are for callers to better understand member loans' role, feel comfortable in their role, and contribute to developing talking points.
This document discusses factors to consider when deciding whether to rent or buy a home. It outlines some key pros and cons of renting versus owning, including that mortgage payments may be lower than rent, owning allows for customization and building equity over time, but renting provides more flexibility. It also provides tips for first-time homebuyers, including getting pre-approved for a mortgage loan and establishing good credit.
How To Raise Money From Family And Friends The Right WayFit Small Business
According to research, 36% of funding for startups comes from family and friends. Furthermore, family and friends invest on average $23,000 in a startup. This presentation will explore the complexities of accepting this money in the form of equity or a loan, how to minimize friction once the investment is made, and one potential tax issue related to paying interest.
Make Your Money Work Harder Than You Do Module 2 Floyd Saunders
The seminars are available to anyone including financial planners, and other professionals in the financial services industry who would like a set of the materials, participant's workbooks or the Family Financial Freedom book (discounts for volume purchases)You can now view the presentation here, order the Family Financial Freedom book from any of the ebook sites for iPhone, iPad, Kindle, Nook, Kobo reader etc. contact me at floyd.saunders@yahoo.com for a copy of the presentation or more information on how to get seminar materials.
This document discusses the importance of financial education and provides an overview of basic financial concepts. It is published by Primerica, a financial services company, to help consumers overcome common financial challenges through knowledge. The document encourages readers to take control of their finances by learning principles like paying themselves first, eliminating debt, investing for the long term, and starting early to benefit from the power of compound interest and time. It presents savings and investment strategies as ways for working Americans to achieve financial security and independence.
- The document provides advice for cash-strapped entrepreneurs on raising a friends and family round of financing and structuring equity grants.
- It advises against paying service providers with equity since it can be more expensive long-term and looks unattractive to future investors.
- For advisory board members, it recommends granting 0.1-1% equity that vests over several years to ensure their ongoing engagement.
The document provides guidance on Christian financial planning in 12 areas: earning, spending, saving, giving/tithing, estate planning, determining values and financial situation, establishing goals, developing a spending plan, keeping records, praying, establishing goals, and goals. It recommends monitoring earnings, spending, saving, giving, and estate planning. It outlines elements of a financial plan including determining values and financial situation, establishing goals, developing a budget, and keeping records.
This document provides information about credit, including what credit is, the history and types of credit, advantages and disadvantages of using credit, and the costs associated with misusing credit. It discusses credit cards, installment loans, revolving credit, and other types of credit. It also summarizes how to establish good credit, maintain a good credit rating, and the financial consequences of debt. The document aims to educate readers on credit and help them make informed financial decisions.
This seminar helps couples communicate about money matters, offers money and budget saving tips, and helps couples develop a spending plan for their future goals.
The document discusses the process of purchasing a home through a mortgage lender called Fairway. It begins by outlining the benefits of owning a home over renting, as owning allows individuals to build equity over time instead of their monthly payments disappearing as rent. It then walks through the steps involved in the home buying process, including getting pre-qualified, processing the loan, underwriting, pre-closing, and closing. Key aspects of mortgages like principal, interest, taxes, insurance, points, and amortization are also defined.
Investing in Real Estate Module 7 of Family Financial Freedom Floyd Saunders
This document provides an agenda and overview for a workshop on real estate investing held by Saunders Learning Group in Newton, KS. The workshop covers topics like home ownership, mortgage options, determining how much you can afford, and investing in real estate. It discusses current mortgage requirements and types of mortgages like fixed rate, adjustable rate, FHA and conventional loans. The workshop aims to help restore the American dream of home ownership by educating attendees on the new rules of real estate.
This document discusses the importance of understanding a partner's financial habits and personality before committing to marriage. Nearly 89% of survey respondents said it was important for partners to have similar money habits. The document advises assessing your own financial attitudes and habits, including whether you are a spender or saver. It also recommends discussing with a potential partner their money values, spending and investing habits, existing debts and dependents, and views on dividing financial responsibilities to ensure compatibility and avoid future conflicts over money issues. Understanding a partner's financial traits early on can help determine if you share the same or complementary views for making balanced decisions together.
Building a Strong Financial House 4-29-2011Tim Mooney
The document provides advice on building strong personal finances. It discusses five ways to handle money: earning, spending, saving, giving, and debt. It recommends developing a monthly budget to spend less than you earn, eliminating high-interest debt, and saving 3-6 months of living expenses as an emergency fund. The overall goal is to gain control over cash flow and implement a plan to meet long- and short-term financial objectives.
The document provides information and advice about dealing with debt and financial crisis. It recommends making a debt list, calculating disposable income, sticking to a budget, maintaining good credit, negotiating with creditors, considering debt settlement, avoiding future debt, and seeking help from online debt communities. These communities offer debt calculators, sample letters, articles, forums, and opportunities to help others dealing with debt issues.
The document provides tips for gift giving throughout the year, including paying attention to the recipient's interests, being creative for difficult-to-shop-for people, understanding different cultural gift-giving customs, and presenting gifts beautifully. It emphasizes truly knowing the recipient and choosing gifts that show you understand them.
The reality is there is no link between what you earn and how well you manage your money. That is good news for everybody. It simply means that regardless of our earning levels, we can all learn good money management habits and we can all aspire to a good level of financial security. Indeed, we can do more than just aspire; we can actually do something to achieve that financial security during our lifetimes.
New Vrt markeitng group Business Presentation(2)guestc13de1d1
The document discusses various financial challenges facing many people such as job and home losses, rising costs of health care and education, and unfulfilled retirement plans. It then describes credit restoration services that can help improve credit scores and remove negative items from credit reports. The document promotes a business opportunity to sell these credit restoration and identity protection services and earn commissions.
This document provides information on financial literacy and personal finance. It discusses key concepts like cash flow, savings, investments, and goals. The main points are:
1) Financial literacy involves understanding how to earn, save, and make your money work for you through investments over time. It discusses the cash flow quadrant and different ways people earn income.
2) Saving is an important part of financial planning and can be thought of as an expense that buys your future. The document provides a savings equation and discusses obstacles to saving like spending habits.
3) Different investment options are presented including real estate, stocks, mutual funds, and starting your own business. The benefits of diversifying investments and leverage through borrowing are also
This document provides guidance on personal financial management. It discusses the importance of budgeting, saving for retirement, managing debt, and setting financial goals. The key recommendations are to create a budget that spends less than you earn, pay off high-interest debt first, start retirement savings as early as possible, and set specific financial goals to stay motivated to save and reduce spending. Proper management of personal finances through budgeting, savings, and debt repayment is essential to achieving financial security over the long run.
This document outlines four steps to achieving financial security: 1) control your expenses by spending less than you earn, 2) increase your income through career advancement, 3) reduce debt and build savings, and 4) control risks through proper insurance. It then provides additional guidance on applying these steps at different life stages from your 20s through retirement. The overall message is that consistently following a plan of spending control, income growth, debt reduction, and risk management can lead one to the goal of financial security.
This document outlines Jonathan Fisher's presentation on financial literacy. The 3-step agenda includes assessing your relationship with money, the 6 fundamentals of financial literacy, and creating a financial strategy. The 6 fundamentals are income, budgeting, saving, investing, borrowing, and protecting. The presentation teaches that by understanding these concepts one can progress from being a spender to being a saver and ultimately an investor. Creating a financial strategy involves assessing short and long-term needs and goals to ensure financial security over one's lifetime.
The document provides advice from Linda Descano and Elisabeth Leamy on personal finance topics. Some of their tips include automating savings so the money is not easily spent, thinking of budgets as spending plans rather than restrictions, and prioritizing retirement savings over saving for children's college since loans are available for college. They also discuss approaches to managing debt, selecting financial planners, refinancing loans, and managing money as a married couple.
The document provides an overview of a training for callers who will be soliciting member loans for a co-op market. The training covers the purpose of member loans, fundraising goals, terminology related to the loans, sample scripts and tips for calls, and addresses any concerns from the callers. The desired outcomes are for callers to better understand member loans' role, feel comfortable in their role, and contribute to developing talking points.
This document discusses factors to consider when deciding whether to rent or buy a home. It outlines some key pros and cons of renting versus owning, including that mortgage payments may be lower than rent, owning allows for customization and building equity over time, but renting provides more flexibility. It also provides tips for first-time homebuyers, including getting pre-approved for a mortgage loan and establishing good credit.
How To Raise Money From Family And Friends The Right WayFit Small Business
According to research, 36% of funding for startups comes from family and friends. Furthermore, family and friends invest on average $23,000 in a startup. This presentation will explore the complexities of accepting this money in the form of equity or a loan, how to minimize friction once the investment is made, and one potential tax issue related to paying interest.
Make Your Money Work Harder Than You Do Module 2 Floyd Saunders
The seminars are available to anyone including financial planners, and other professionals in the financial services industry who would like a set of the materials, participant's workbooks or the Family Financial Freedom book (discounts for volume purchases)You can now view the presentation here, order the Family Financial Freedom book from any of the ebook sites for iPhone, iPad, Kindle, Nook, Kobo reader etc. contact me at floyd.saunders@yahoo.com for a copy of the presentation or more information on how to get seminar materials.
This document discusses the importance of financial education and provides an overview of basic financial concepts. It is published by Primerica, a financial services company, to help consumers overcome common financial challenges through knowledge. The document encourages readers to take control of their finances by learning principles like paying themselves first, eliminating debt, investing for the long term, and starting early to benefit from the power of compound interest and time. It presents savings and investment strategies as ways for working Americans to achieve financial security and independence.
- The document provides advice for cash-strapped entrepreneurs on raising a friends and family round of financing and structuring equity grants.
- It advises against paying service providers with equity since it can be more expensive long-term and looks unattractive to future investors.
- For advisory board members, it recommends granting 0.1-1% equity that vests over several years to ensure their ongoing engagement.
The document provides guidance on Christian financial planning in 12 areas: earning, spending, saving, giving/tithing, estate planning, determining values and financial situation, establishing goals, developing a spending plan, keeping records, praying, establishing goals, and goals. It recommends monitoring earnings, spending, saving, giving, and estate planning. It outlines elements of a financial plan including determining values and financial situation, establishing goals, developing a budget, and keeping records.
This document provides information about credit, including what credit is, the history and types of credit, advantages and disadvantages of using credit, and the costs associated with misusing credit. It discusses credit cards, installment loans, revolving credit, and other types of credit. It also summarizes how to establish good credit, maintain a good credit rating, and the financial consequences of debt. The document aims to educate readers on credit and help them make informed financial decisions.
This seminar helps couples communicate about money matters, offers money and budget saving tips, and helps couples develop a spending plan for their future goals.
The document discusses the process of purchasing a home through a mortgage lender called Fairway. It begins by outlining the benefits of owning a home over renting, as owning allows individuals to build equity over time instead of their monthly payments disappearing as rent. It then walks through the steps involved in the home buying process, including getting pre-qualified, processing the loan, underwriting, pre-closing, and closing. Key aspects of mortgages like principal, interest, taxes, insurance, points, and amortization are also defined.
Investing in Real Estate Module 7 of Family Financial Freedom Floyd Saunders
This document provides an agenda and overview for a workshop on real estate investing held by Saunders Learning Group in Newton, KS. The workshop covers topics like home ownership, mortgage options, determining how much you can afford, and investing in real estate. It discusses current mortgage requirements and types of mortgages like fixed rate, adjustable rate, FHA and conventional loans. The workshop aims to help restore the American dream of home ownership by educating attendees on the new rules of real estate.
This document discusses the importance of understanding a partner's financial habits and personality before committing to marriage. Nearly 89% of survey respondents said it was important for partners to have similar money habits. The document advises assessing your own financial attitudes and habits, including whether you are a spender or saver. It also recommends discussing with a potential partner their money values, spending and investing habits, existing debts and dependents, and views on dividing financial responsibilities to ensure compatibility and avoid future conflicts over money issues. Understanding a partner's financial traits early on can help determine if you share the same or complementary views for making balanced decisions together.
Building a Strong Financial House 4-29-2011Tim Mooney
The document provides advice on building strong personal finances. It discusses five ways to handle money: earning, spending, saving, giving, and debt. It recommends developing a monthly budget to spend less than you earn, eliminating high-interest debt, and saving 3-6 months of living expenses as an emergency fund. The overall goal is to gain control over cash flow and implement a plan to meet long- and short-term financial objectives.
The document provides information and advice about dealing with debt and financial crisis. It recommends making a debt list, calculating disposable income, sticking to a budget, maintaining good credit, negotiating with creditors, considering debt settlement, avoiding future debt, and seeking help from online debt communities. These communities offer debt calculators, sample letters, articles, forums, and opportunities to help others dealing with debt issues.
The document provides tips for gift giving throughout the year, including paying attention to the recipient's interests, being creative for difficult-to-shop-for people, understanding different cultural gift-giving customs, and presenting gifts beautifully. It emphasizes truly knowing the recipient and choosing gifts that show you understand them.
The reality is there is no link between what you earn and how well you manage your money. That is good news for everybody. It simply means that regardless of our earning levels, we can all learn good money management habits and we can all aspire to a good level of financial security. Indeed, we can do more than just aspire; we can actually do something to achieve that financial security during our lifetimes.
New Vrt markeitng group Business Presentation(2)guestc13de1d1
The document discusses various financial challenges facing many people such as job and home losses, rising costs of health care and education, and unfulfilled retirement plans. It then describes credit restoration services that can help improve credit scores and remove negative items from credit reports. The document promotes a business opportunity to sell these credit restoration and identity protection services and earn commissions.
This document provides information on financial literacy and personal finance. It discusses key concepts like cash flow, savings, investments, and goals. The main points are:
1) Financial literacy involves understanding how to earn, save, and make your money work for you through investments over time. It discusses the cash flow quadrant and different ways people earn income.
2) Saving is an important part of financial planning and can be thought of as an expense that buys your future. The document provides a savings equation and discusses obstacles to saving like spending habits.
3) Different investment options are presented including real estate, stocks, mutual funds, and starting your own business. The benefits of diversifying investments and leverage through borrowing are also
This document provides guidance on personal financial management. It discusses the importance of budgeting, saving for retirement, managing debt, and setting financial goals. The key recommendations are to create a budget that spends less than you earn, pay off high-interest debt first, start retirement savings as early as possible, and set specific financial goals to stay motivated to save and reduce spending. Proper management of personal finances through budgeting, savings, and debt repayment is essential to achieving financial security over the long run.
This document outlines four steps to achieving financial security: 1) control your expenses by spending less than you earn, 2) increase your income through career advancement, 3) reduce debt and build savings, and 4) control risks through proper insurance. It then provides additional guidance on applying these steps at different life stages from your 20s through retirement. The overall message is that consistently following a plan of spending control, income growth, debt reduction, and risk management can lead one to the goal of financial security.
This document outlines Jonathan Fisher's presentation on financial literacy. The 3-step agenda includes assessing your relationship with money, the 6 fundamentals of financial literacy, and creating a financial strategy. The 6 fundamentals are income, budgeting, saving, investing, borrowing, and protecting. The presentation teaches that by understanding these concepts one can progress from being a spender to being a saver and ultimately an investor. Creating a financial strategy involves assessing short and long-term needs and goals to ensure financial security over one's lifetime.
The document provides advice from Linda Descano and Elisabeth Leamy on personal finance topics. Some of their tips include automating savings so the money is not easily spent, thinking of budgets as spending plans rather than restrictions, and prioritizing retirement savings over saving for children's college since loans are available for college. They also discuss approaches to managing debt, selecting financial planners, refinancing loans, and managing money as a married couple.
Invest Angles is a financial advisory firm that offers a range of investment solutions and financial planning services through a team of experienced professionals with expertise in areas such as mutual funds, insurance, loans, taxes, and portfolio management. The document outlines the company's services and products which include cash management, financial planning, tax planning, mutual funds, insurance, loans, and portfolio management to help clients achieve their financial goals.
For Those Who Want to Prosper & Thrive in Retirementfreddysaamy
http://ekinsurance.com/financial/retirement/
Our core capital should be designed to outlive us. In fact, it’s important for you to start thinking about your money in terms of it outliving you, not the other way around. You don’t want to outlive your money.
This document provides tips and advice for improving one's financial situation in the new year. It discusses setting financial goals, creating a money roadmap with short and long-term goals, earning more through freelance work or a side business, reviewing life insurance needs due to major life changes, talking about money with family, and estate planning with a will. It also includes statistics about financial resolutions and savings goals.
This document provides an overview of financial literacy. It defines financial literacy as having basic personal finance skills, including understanding income, money management, saving, investing, spending and credit. It notes that financial literacy is important because it results in a higher standard of living, and individuals are responsible for their own financial decisions as social security is less reliable. The document recommends developing a budget to manage debt, minimize negative debt, and plan for the future. It provides tips for credit card usage and avoiding debt. It defines a FICO score and its importance in determining credit risk and interest rates. Students are assigned homework on researching a potential salary, creating a budget, and obtaining their FICO score.
This document is a guide to understanding corporate credit and how to get business funding. It discusses what credit is, the importance of credit for businesses, and how to prepare a business to get corporate credit. The key steps are to incorporate the business, get an EIN and DUNS number, open business bank accounts, create a professional website, list the business phone number, ensure accurate contact information across platforms, get vendor credit, and maintain good personal credit. Following these steps makes a business appear more attractive to lenders.
This document provides financial advice for newlywed couples on various topics including budgeting, investing, buying a home, and planning for a family. It emphasizes the importance of open communication about finances between partners and suggests couples create a joint budget, share financial responsibilities, and find a process that works for their unique situation. Specific tips are provided on budgeting, common investment products and strategies, factors to consider when buying a home, and financial aspects of planning for a family. The overall message is that discovering each partner's financial attitudes, experiences, and goals early in the relationship can help prevent later stress and arguments.
This document provides information about financial planning services offered by World Financial Group (WFG). WFG associates assess clients' unique needs and goals to help them work toward a more secure financial future. WFG offers a broad range of products like life insurance, annuities, investment funds, and retirement accounts from multiple providers. The document discusses challenges to financial security like debt, college costs, retirement and health care savings shortfalls, and inflation. It promotes the benefits of a customized financial needs analysis from WFG to address these challenges through strategies like debt management, emergency savings, asset accumulation, and proper insurance protection.
Taking Control of Your Cash - Eliminating DebtJohn Brown
This document provides information from a seminar on eliminating debt, noting that the seminar discusses developing a financial plan through evaluating current spending, identifying wants and needs, creating a budget, setting financial goals, building an emergency fund, using debt management programs, and getting out of debt through various methods like debt snowball. It also encourages attendees to speak to certified credit counselors and financial advisors to develop an initial plan to improve their financial situation.
This document discusses strategies for achieving financial goals through proper financial planning. It notes that many life goals like funding education, home ownership, or retirement require a sound financial strategy. The document then discusses services offered through World Financial Group (WFG) to help individuals assess their needs and create a customized plan. Key services and products mentioned include assessing cash flow, managing expenses, debt reduction, life insurance, retirement planning, and investment options. The overall message is that taking control of finances now through working with WFG can help achieve future dreams and goals.
The document provides 10 principles for developing a long-term financial strategy to protect a family's financial security. It recommends prioritizing protection through insurance, saving money regularly through employer plans or mutual funds, and keeping debt in check. It also suggests implementing a simple investment strategy with diversified holdings, understanding employee benefits, planning for education costs, utilizing tax-advantaged savings options, and seeking help from a financial professional. The overall goal is to develop a strategy to safeguard a family's standard of living and ability to achieve important goals.
Savings tools include checking accounts, savings accounts, money market deposit accounts, certificates of deposit, and savings bonds. They provide secure options for saving money through depository institutions, most of which are insured by the FDIC up to $250,000 per account. The best savings tool depends on an individual's financial goals and needs, specifically how much they want to save, when they need access to funds, and how long they can leave the money untouched. Features like interest rates, fees, and minimum balances vary between different savings tools and depository institutions.
This document discusses various potential sources of money to start or grow a small business, including loans, equity investments, and other options. It describes loans from banks, friends, and family. Equity investments involve selling part of the business to investors in exchange for capital. Other sources discussed include personal savings, creative cost cutting, venture capitalists, and government programs like the Small Business Administration. The document provides details on each option and concludes that developing a strong business plan is key to pursuing various sources of funding.
If you are between 25- 45 yrs. of Age,Working & Serious about achieving success in your Financial Future, here are some guidelines.......... which can help you.
Alpha Wealth is an independent financial advisory company based in Ireland. Their mission is to provide impartial financial advice and excellent customer service to individuals, families, and companies. They offer advice on savings and investments, financial planning, tax planning, insurance, pensions, retirement planning, business advice, and health insurance. The team of advisors at Alpha Wealth have over 50 years of combined experience in financial services.
Everyone wants to be more financially secure, but don't know the basics of how to get there. This presentation is a roadmap with seven simple rules for financial success. It is part of a series of seminars offered by Saunders Learning Group on personal money management. You can now view the presentation here, order the Family Financial Freedom book from any of the ebook sites for iPhone, iPad, Kindle, Nook, Kobo reader etc. contact me at floyd.saunders@yahoo.com for a copy of the presentation or more information on how to get seminar materials.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
1. MONEY MATTERS 101
A Faith-based approach to Personal Financial Management
• By Dr. Owolabi Tiamiyu, ACA, CFE, CIA, CPA.
• Chair, Accounting Department at Harris-Stowe State University,
St. Louis, MO, USA
2. DISCLAIMER
This is a general introduction to financial planning
and management
It is not a substitute for personalized Financial
Planning or Credit Counseling
Each individual’s financial situation varies. Please
talk with an appropriate financial expert before
making critical financial decisions
3. AGENDA
Get Money (Acquire Wealth)
Use It (Manage Wealth)
Pass It On (Will, Estate Planning)
4. WHAT IS MONEY?
A) An End
B) A Servant
C) A Devil
D) An Angel
E) A Master
5. ANSWER
B) Money is a Servant
It is a tool/servant/means of exchange/
magnifier of character
Accounting is the universal language of business used for
recording financial transactions and for evaluating
financial performances
Wealth is one of many factors used to measure success
7. ANSWER
FALSE
The LOVE of money is the root of all evil
Excessive love of money will make a person do
anything for money
Good wealth is from legal & ethical sources and is
used for good purposes.
8. THE RIGHT WAY TO GET MONEY
Is to provide valuable goods or services to others
Adam Smith in his famous work “ The Wealth of Nations”
noted that in a capitalist system, in order for people to
acquire money they will be led by an invisible hand to
provide what others need.
Zig Zigler, the Great American salesman, stated that to
make a lot of money you have to satisfy the need of a lot of
people. For example, NBA players, Reputable Hollywood
Actors, and CEOs of major corporations.
9. ORGANIZATIONS TO MAKE MONEY
Generally, there are three types of organizations used to
make money:
1. Individuals or Sole Trader
2. Partnership
3. Corporations
Each has it own pros and cons
10. MARRIAGE & FINANCE
We need to appreciate that marriage is a partnership
The partners have to align their goals
Love for one another has to be stronger than the love for
money
A couple should have honest and mutually agreed financial
goal(s)
Divorce could cause serious loss of wealth.
11. RESOURCES TO GET MONEY
Physical Strength
Knowledge/Skills
Charisma/Personality
A combination of these resources
Remember, life is a marathon and honesty helps.
12. YOUR BEST RESOURCE FOR MONEY
YOURSELF
Nourish you body, mind, and spirit very well
Love your work and enjoy some recreation activities
Write down your personal goal(s) and review as
needed
Success means you attain your goal(s)
13. WISDOM FROM FAITH
Do Not Bury Your Talent
Meaning: Develop yourself and make your money work
for you
Search for Knowledge Even to China
Meaning: Seek knowledge continuously
Best Among Mankind are Those Who Bring Benefits to
Others
Create value for others and be charitable
Give onto Ceaser that is Ceaser’s
Pay your taxes when due, as a good citizen
14. WHAT IS CREDIT ?
Credit is a form of money created when the seller of a
good or service trust that the buyer will pay in the
future
If one uses credit wisely one can create money for
himself/herself
o Example: Buy an item on credit, sell it for cash with profit,
keep the profit and repay the cost. Good credit usage
If one uses credit foolishly for pure consumption or
show-off, the person will work in the future to repay
the debt with additional interest. Bad credit usage
15. FOUNDATION OF CREDIT
Credit is a form of money created when the seller of a
good or service trust that the buyer will pay in the future
Therefore, a bad name or bad credit is not only
undesirable, it can actually lead to lack of money or
credit
The banking system is very important because it creates
credit/money and allocates it
The financial prospect of a country is largely controlled
by its banking system
16. BUDGET FOR FINANCIAL SUCCESS
The beginning of financial success is budgeting
A simple monthly budget shows all your expected income
and expenses for each month
If your income is more than your expenses, you have
surplus money which you can save for future use or for
investment
If your expenses are more than your income, you have a
deficit which you can cure either by getting more job(s) or
by eliminating some of your expenses
It is good to save at least 10% of your monthly income
regularly
17. START BUILDING CREDIT
The best way to start building
credit is through small savings at
a bank or credit union
Then use part of your savings to obtain a secure
credit card as little as $300
Use this credit card to make your normal monthly
purchases and pay off the balance every month
18. YOUR CREDIT SCORE
Credit scores normally range
between 350 to 850; the best is
850
It is a reflection of your credit
history to date
35% of the figure shows payment
history, level of debt is 30%,
duration of credit history is 15%,
inquiries and mix of credit
constitute 10% each
19. MONEY FOR ESSENTIALS I
Transportation is essential
If easily available, use public transit
You may buy a reliable used car to drive to work and
run errands
If you decide to finance a used car, make sure the
rate of interest is reasonable and that you can pay off
the debt before the end of the useful life of the
vehicle
20. ESSENTIALS II-ACCOMODATION
When you rent an apartment think safety,
accessibility to your job, and affordability
Always pay your rent and utility bills on
time to enhance your credit score and
facilitate future home ownership
Buy a starter home and build equity towards a more
suitable home
When buying home think safety, amenities, accessibility,
kid’s education, and future property value
21. SELF MAINTENANCE & DEVELOPMENT
Remember, you are your best resource to
make money
Always keep up your appearance, have regular
health and dental care
Constant self development is a must, but make
sure the projected return is more than the cost
Do not overlook professional certifications, usually they are
affordable and give high returns
If you co-sign a loan, it may affect your credit and you may be
ultimately responsible for the debt
22. OUR KIDS
It is cheaper for us to devote time to support
our kids now than to pay later
Good education will facilitate their success
Plan and save ahead for their college education
Let them use grants, community colleges,
scholarships, work study, and reasonable amounts
of loans
It is advisable that a child’s loan amount should be
less than $6,000 per each year of post secondary
education
23. INVESTMENTS
To be able to invest you first need to save,
no creditor will take you serious if you do
not have equity in your business
Invest only in profitable ventures you
understand, and keep the control over your
investment
Franchise investment is advisable only when realizable revenue is
more than the franchise fees and other charges
Stock and bond investment is more suitable for long-term
investment with tax benefits or professional investors
Read and understand every document before you sign, no matter the
pressure on you. Do not be too greedy!
24. RETIREMENT PLANNING
Without accidental death, many American
residents will live to the age of 90, therefore, we
need to plan for our old age
Where are you going to live in old age? What age
are you going to retire or be semi-retired?
For now, contribute as much as possible to a retirement fund and make
sure you receive maximum matching possible from your employer.
Also, exploit the new tax incentives
If you leave an employer, do not cash your retirement fund balance,
instead, transfer it to a personal IRA with a reputable broker
Are you contributing to social security? Are you saving and planning to
augment your social security benefits in the future?
Roth IRA is also very attractive for retirement planning
25. OTHER ISSUES
Your home is a major asset, maintain it properly to enhance its value and
make sure you have the ability to repay any loan on it, and that the loan
terms are fair
Before you refinance, ensure that the loan cost is reasonable, the total loan
on the property is not more than 90% of the property value, and you can
repay the loan
Maintain good credit score, buy both car and homeowner’s insurance from
one reputable company after shopping rates, increase your deductible to
about $1,000 to reduce premium
If you have financial difficulty, do not run away, negotiate with your
creditors. If this fails and the debts are overwhelming, it should not be the
end of life, file bankruptcy and calmly start over and do it better next time
Remember, where there is life, there is hope
26. PEACE OF MIND
Buying and maintaining a life insurance policy with a
reputable company will ensure that our family will be
financially supported after our death
There are different types of whole life or term life
insurances, and some of them can be used for both
retirement and death benefit
Always specify the beneficiary of your insurance
policy to keep government’s hand away from its
proceed
27. PASS IT ON
It is smart to start a project with the end in mind
Therefore, each one of us should maintain a will to
decide who receives his/her net assets after death or else
most of the assets will go to government and other
unknown or unintended persons
You can make a simple will by yourself, using internet
forms or standard forms from stationery stores
Estate planning is not only for the rich, it is good to have
living trust to decide who serves as guardian if one
becomes impaired
28. APPRECIATION
We thank God for this opportunity to share knowledge
Many thanks to you, my audience, for your time and
attention to this presentation
Please send any reviews or comments to:
TiamiyuO@hssu.edu or Owolabit@gmail.com
(Dr. T.)