Financial Need Essay Sample

I am filling out the Federal Financial Aid Suspension Appeal in regards to personal reasons I endured during the Fall of 2006 and the Spring of 2010 semesters. In 2006, I regret to say that I was not fully prepared to take on the responsibility of going to school full time. I did not have the proper resources to be successful. During the fall of 2006, I lacked a reliable vehicle and was unable to get transportation to and from school. This greatly affected my ambition to further my education and drove me to concentrate on working full time and taking care of my financial obligations. I soon found myself with a great job at Cessna and began the procedure in purchasing a home. I decided during this time that it would be ideal to go back to school and achieve my Associates degree in Accounting. I returned to Butler CommunityCollege in the summer of 2009 and took successful steps in achieving my goals. From the Summer of 2009 until the Spring of...show more content...

I also have a job that is flexible and supportive of my decision to return to school and finish my Accounting degree. If you were to look at my academic history you would see that even through challenging circumstances that have halted my education, I always tried my hardest and I still have an overall GPA of 3.0. In those two semesters, I failed to live up to my potential. Instead of giving up, I would like the opportunity to finish what I started in 2006. This time around I have more real life experience that prepares me for those challenging situations that can come around the corner. I have learned how to push forward instead of back out. I have learned to strive towards the future instead of stress about the present. I would be very appreciative and grateful if you would lift the suspension from my financial aid and allow me the help I need to continue my education at your

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Finance is a universal concept that affects and concern the lives of every person. All individuals should know the importance of finances regardless of our profession or area of study. At some point in life everybody, not only big corporations, faces concerns regarding the proper and efficient management of wealth. This class not only gave me the opportunity to learn about my future career path but also expanded my perspective regarding the multifunctional aspects of being a professional in the finance sector.

I am the Vice President of Finance atLoyola Limited, four business that is run by undergraduate students. As the Vice President of Finance, I'm responsible for facilitating the cash inflows and outflows from the business's operations. My responsibilities also include the implementing and executing budget controls, maintaining the general ledger, tracking and monitoring revenues and expenses. I am also responsible for ensuring the timely completion of all payments and deposits. Other duties include the accuracy of all financial trackers, enforcing adherence to all of the business's financial standard operating procedures, performing necessary analysis on sales and expense patterns, and evaluating the viability and impact of any and all purchases on behalf of the business. Through my experiences in Loyola Limited, I can to realized that as a Vice President of Finance, I wear many hats. The responsibilities that I hold do not only involve finance but also operations, Get

Financial Performance Evaluation Paper

Evaluate their effectiveness within certain financial areas with examples

In evaluating the above examples, the qualitative mixed–method of combining online customer service surveys with observational awareness and focus group with in–depth interviews offers insight on their effectiveness within specified financial areas.

Customer surveys and observations. These were less effective in the beginning. Management's response to the previously decided information was to increase customer service personnel support during early mornings, paydays, and bulk military in–processing months. This qualitative method of using an online customer survey was effective in pin–pointing problems areas; yet, less effective in reducing overall customers in...show more content...

In all fairness, the researchers asked the same questions to control the qualitative data results (Arssel, 2017, p. 940). The initial purpose of gaining detailed information in a private setting was effective. The in–depth interviews were beneficial beyond intended need. Ultimately, the qualitative research exposed missing specifications in the drafted and allowed time for revision prior to releasing the final proposal. Personal opinion on the future of qualitative research both within finance and in general

In my opinion, the future of qualitative research in finance and in general could merge civilian and government processes to cross–utilize qualitative methods and tools. If overall spending habits decrease in the next few years; then, qualitative researchers may explore new ways to streamline processes. For this reason, collaborating with big businesses or other competitors to provide quality financial reports or medical services may become a viable option.

Financial managers. For example, finance utilizes group teleconferencing with other bases to resolve command level issues. In the future, a teleconference group could consist of contractors, financial managers, project managers, and leaders from

My Personal Financial Plan

I. Current A. Description

Currently I am a full time student, and senior, at majoring in Accounting and Finance. I do not have a part time job and do not plan to work until I graduate. I currently have taken out student loans to support myself through the rest of my college education. My parents pay for insurance payments for my car, cover my phone bill, and provide me with medical insurance. I pay for all the rest of my expenses, including rent, food, gas, and all other daily expenses. I currently have no investments and no substantial assets with a value of over $1000. I graduate in May and have signed a contract with KPMG to start work as an auditor in August after I complete the CPA. I...show more content... To accomplish my second goal I plan on putting a cap on my level of living expenses that increases at a smaller multiple then my income each year. I want to give another half percent of my income each year. I will budget out my salary for discretionary and non–discretionary spending and stick to the budget by limiting use of credit cards and attempting to pay cash for most items I purchase. This will help me control my cash outflow.

E. SWOT Analysis Strengths

Most of my assets at this point are in cash so I have a lot of liquidity to pay off debt or other expenses. I am a very goal oriented person so when I set goals to follow to financial success I take them very seriously. My job at KPMG is a strong job with high future potential earnings as well as learning opportunities. One of the best things about auditing is that I will be able to find a job making a lot more after I work a few years at KPMG. My knowledge over investments and how to invest is very good which will help me to continue to make money in the market. When looking at risk management, my health is very good, which means I should hopefully not have very high healthcare costs. KPMG provides a good insurance policy that covers any of my insurance needs and reduces my risk. KPMG also has a very good medical

reimbursement policy and a high quality of other programs for their employees.

Finance is a huge part of our life that everybody hope to be in good financial state. However, today, more than ever before, people are struggling with financial problems. According to a research conducted by AC Nielsen and ANZ in 2005, people often display six ways of thinking considered "unhealthy" that putting people under financial pressure including 'living for today', 'financial disengagement', 'aspirational', 'emotional enhancement', 'ownership of credit', and 'credit as supplementary income". Firstly, the prominent idea is "living for today". It means that people just think and spend for their present lives, and do not pay much attention for their future. This way of thinking has a close connection with the " youthfulness" or the...show more content...

There are some who have a good job with middle–high salary, they don't think they need to worry as they can afford to pay their debts soon. They never thought of being in emergency such as they might lose their job or in case they get divorced. I myself experienced a hard time at my first year at my university living far away from my family. Lacking financial management skill, I just spent and bought everything I like without thinking about, managing, and tracking my expenses. As a result, I went out of money soon and cannot afford to necessary things after that.

3. 'aspirational': – spending to "keep up with the Johnes' meaning a person is easily want to have the things that others have. He/she is likely to be influenced by others or environment.

For eg: A Single Mother, Sally, lived in Rural for a long time, after that she move to the town near her daughter's school. She start to wanting and needing more material things to fulfill her large house. Then she gradually buy more items. Consequences: they might buy the things that they do not really need.

The 'aspirational' way of thinking is where people had a particular aspiration that strongly influenced their expenditure. The unhealthy spectrum of this way of thinking was where this dominated, to an extent that it translated into over–spending and/or over–commitment. Common colloquialisms that people used to describe this way of thinking included 'keeping up

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I am applying for the Finance Director position advertised on your website. With over seven years' experience in finance and accounting along with a solid academic background in Finance and pursuing my CPA license, I am confident I possess the skills and qualifications you are seeking.

Being a Controller I deal with a variety of financial budgeting, profit and loss, forecasting, cash flow analysis, cash management, sec reporting, valuation analysis and running a team of 7 accountants, while handling numerous administrative duties. Among the most pertinent to the advertised position would be my financial budgeting, forecasting, cash flow analysis, valuation analysis and business adequate.

Having my academic preparation in business...show more content...

I helped set up a 35 million dollar bank according that allows us to draw funds when necessary for capital purchases. Overall I have versatile experience with alternative funding sources and know how to work with the funds readily available to organizations.

The Colorado tabor amendment limits the amount of revenue our government can collect and spend. The surplus in taxes collected must also be refunded to Colorado's tax payers and any tax increases requires voter approval. This limits the ability for governments to raise taxes in order to reestablish programs and update equipment necessary to help the public. Colorado Gallagher amendment set forth the guidelines on how the actual value of property is assessed. This amendment simplifies the method used to determine the actual cost, market value and income based analysis.

I bring a unique variety of experience from the private, public, government and nonprofit financial sectors that allows me to understand GAAP, FAR, CAS and other accounting standards currently used. I always look at the whole picture of an organization and how cutting cost affects operations and the longevity of the projects. Having strong financial budgeting analysis ability allows me to build budgets that are accurate precise and easy to follow. This allows operations to understand how much funding they are projected to have within a year and the amount they can expect to have for capital assets, operational cost and

Personal Finance Reflection Paper

During this semester I have learned a lot about personal finance and what it takes to truly be disciplined. I have learned multiple tips from budgeting and spending my money to investing my money into funds that could grow my money for me. Being a waitress it is a little more difficult to manage your money especially when you live off of most of your tips. I have had to keep track of how much money I make every night and how much money I spend knowing I have cash in my pocket. I now deposit all of money straight into the bank so that I can keep track of my spending much easier through my bank statements. I have noticed that I spend a lot more money than I realized I do and have tried to cut down on my spending.

I currently do not have a retirement plan set up. After taking personal finance this semester I know that retirement is very important and I need to start one. Growing up I always thought there was only a 401(k) retirement plan and I now know there are different kinds such as Simple IRA, Roth IRA, Traditional IRA and many more. It is very important to know where you are investing your money in an IRA so that you will know how much money you will have when you are ready to retire.

I have open credit cards but this class has just helped me understand more about the cards and their terms. I need to be careful with credit cards because it is so easy to open a line of credit without having to read the terms. It is not a bad thing to have a credit line; however, you should know what you are getting into. You should know what the interest rate (APR) will be, if there will be a grace period and what are the rates associated with the card. What are the rates for paying your card late, getting a cash advance and going over the limit of your balance?

When buying an automobile or a house the "homework" you need to do for the purchase is almost the same. You need to know how much money you can afford. This goes back to the basics of personal finance and knowing what your budget is and how much you can afford each month. You will need to save for a down payment on both an automobile and a house. When buying a car there are websites like Kelly Blue Book and Edmunds that will help you know how much a vehicle is Get

Budget

Budget is the major financial and economic statement. The role of the budget is to keep track of the money coming in and the money going out. It is essential part of running any business effectively. It can help make a short and long term projections about financial situation, avert a financial crisis and plan for major financial changes.

The company has to be able judge its spending performance. Does not matter what type of company it is, the ability to measure performance using budgets is an important process in any business organisation. Planning helps to understand where business is at present and where it is going to be in the future. Company's planning process has to involve different developing objectives and prepare...show more content...

Another advantage is control and evaluation. It helps to think about how to correct company's problems, if they have them. Motivation is another important advantage. Budget can motivate to reach the goals. It also can force managers to think and plan for the future. Budgeting helps to ensure that everyone in the organisation is pulling in the same direction. The budgeting process provides a means of allocating resources to those parts of the organisation where they can be used most effectively. A budget can be disadvantageous also. There is judgment and subjectivity in the budgeting process. It does not consider quality and customer service. Budgets can be seen as pressure devices imposed by management, thus resulting in: bad labour relations. Budget could results departmental conflict arises due to disputes over resource allocation, and departments blaming each other if targets are not attained. It is difficult to reconcile personal and corporate goals

In conclusion, every major company in the world uses budgeting and there is a good reason for that. It is an important component of financial success. Budgeting makes easier to achieve financial goals. It keeps track of all expenses and help to avoid crisis. It also helps companies to control their growth and provide them with realistic idea where business is going.

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Financial Problem Among Students

Introduction "No money no talk". Money, money and money. People always mentioned this word in their life. Do you think money is important in our life besides food, shelter and love? If you think so, then why we need it? Nowadays, we always heard about bank robbery, snatch thefts, loan sharks and others through media. Why did these crimes happened? It is because they have financial problem in their life until they involved in crimes. Financial problem also happened among students especially when they further their study away from their hometown. Students always complaint about sort of money.

1.2 Statement of Problem

This paper examines the reasons student have poor financial management, spending on non–necessary things or overspend...show more content... They can be easily influenced by their friend. Especially when they spend their money at expensive places like Pizza Hut, McDonalds and Starbucks. Spending your money at expensive places easily can make your money gone so fast. Besides, they like to follow their friend's trend and lifestyle. For example, when their friends having a new mobile phones then the individual start to feel envy and make a desire to Get more content

Introduction

This section was a very useful tool, creating my financial plan. since I have a lot of Financial obligations established at this point in my life. I have several expensive since I own two rentals and my own primary home. I also established a little bit of debt for books but I have no tuition debt establish due to my schooling. I have one credit card with a high balance that I would like to rollover to lower interest loan. Although before my illness my credit score used to be at 728 but due to my illness I filing bankruptcy. I have a low credit score and I know to establish a higher score. I will have to wait till the bankruptcy drops off my credit score in 2018.

Net Worth and Income– Balance Sheet

When analyzing my balance...show more content...

One key element to buy vs rent is that people are establishing an asset, as real estate majority of the time increases over the years then decreases. Important element of owning your own home is individuals do not have to deal with the landlord and individuals can establish their own space. When renting all the capital goes in the direction of the landlord. when individuals are paying a mortgage the home is establishing equity, which can generate income in the long run. Important division with owning your own home when individuals have a fixed rate on your mortgage individuals don't have to worry about inflation, as for rent it gradually goes up each year. Significant benefit in owning your own home is the tax benefits individuals are able to write–off all the interest and homeowner insurance on their tax returns each year. Personally I analyzed Netarts, Bay City, and Ocean Side. Already own a house in the Netarts, while the houses are actually a little bit lower than when I purchase; individuals are capable of receiving a wonderful residence for around $200,000 to $300,000. While there are not numerous rentals, primarily vacation homes in this area. When individuals consider renting compared to purchasing. Individuals are healthier to purchase a residence than rent, based on a 4.65% annual APR an individual monthly payment would be 1,212.00. Individuals additionally need to calculate tax and insurance this

Figuring out where you will be financially years from now is hard to imagine. There are always what you plan, and then there's things that just happen that you would usually rather not have of. You can always make goals and things and hope that things go alright and end up close to what you expected.

I am currently eighteen years old. I am working on setting up all my financial things so that I am independent and can rely on myself for what I need and not have to worry about having my parents approving of things and being responsible for what I choose to do. I am going to take out a small loan soon and work on building up my credit history. I am also planning on transferring all my things like my car and phone to my name. This summer I...show more content...

I will then purchase my own house and also a car. I will be paying insurance on both of theseitems. I will work the rest of my life as a Nurse and will eventually retire at the age of 65. Although I don't really know how well all of this will work out and I'm sure there are probably easier ways to do all this, I don't think I will be talking to any professionals. I think I have enough basic understanding in order to keep myself stable. Granted I will probably fall a couple of times and make a few mistakes, I've been taught to keep working at it and you'll get it right eventually. I know that in order to get what you want you have to try and work really hard. I don't believe in being handed things, whether it be money or advice or anything else. I would rather try and fail then have someone tell me what to and what not to do. I myself believe in risks to an extent. I think they are alright as long as they are somewhat logical. I don't believe in "jumping off a cliff with no ropes hoping to survive". I plan on having two accounts, one checking and one savings. I will mainly work with my checking account and the savings will not be touched unless for emergencies. I will keep a minimum of a thousand dollars in my savings account, which I will be opening at a credit union since they have a slightly higher interest rate, so I will always have it. I have learned to always keep a "safe" amount of

Course:HND BUSINESS

Subject: managing financial resources and decisions.

Student Name: Irshad ul haq

Student No:1124 Assessor Name: mr olumide ologan

Content Page

Section NoPage No 1. Introduction2. Identify the sources of finance available to a business.(P1.1) 3. Assess the implications of different sources.(P1.2) 4. Select appropriate sources of finance for a business project. (P1.3) 5. Assess and compare the costs of different sources of finance (P2.1) 6. Explain the importance of financial planning.(P2.2) 7. Describe the information needs of different decision making.(P2.3) 8. Describe the impact of finance on the financial...show more content... With eachsource of finance listed the report will assess the implications that can arise and along with this the report will look at the cost to the business to taking a curtain source of finance. All businesses need short–term finance from the very beginning to start up the business and to cover day–to–day running costs. This provides the business with working capital. However businesses also need long–term capital to help them to grow and expand, and this is paid back over a number of years. Without finance a business would find it difficult to accomplish anything, for example someone who decided to start up a shop would need finance at first to just buy the shop and the stock. Even a window cleaner would need finance to buy equipment such as ladders and buckets. But this can be taken onto a larger scale, as all businesses need finance at some point Whether you are thinking of starting up your own business or if an existing business is thinking of expanding, it is likely that money will be needed. The money needed to start a business is called business finance. Where do businesses get the finance to start a business?

(P1.1) Identify the sources of finance available to a business.

There are a number of ways of raising finance for a business. The type of finance chosen depends on the nature of the business. Large organizations are able to use a wider variety of finance sources than are smaller ones.

Financial Plan is a written financial goal with define action plans that will help you to achieve such goals. Planning is important to set deliberate actions that will guide you in reaching your goals. It is even necessary when you are further from the set goal. When it comes to money, most individuals would love to manage their personal finances so that they achieve maximum satisfaction from each available currency. To achieve this goal, you must first identify the financial goals and set priorities. Personal financial planning is the process through which individual manages their finances to achieve maximum satisfaction. It does not matter if you are self–employed, highly paid executive or newly employed staff; financial planning is important for everyone. It helps you to make optimum use of your limited financial resources. Your personal financial plan allows you to set financial goals with related action plan. This will help you to take control of your financial affairs. Think about it, you may not need a map to move within a known city, but you will require direction when strolling in an unknown city. Financial planning is about the future and the future is an unknown city. Many people also think that it is lack of money that cause financial problems, however, this is not correct in most cases. Check around the community, you will notice many well–paid employees who are financially unsecured or a self–employed consultant who depends on bank loans for survival. They lack Get

Financial Management Introduction ============

Every organization, irrespective of its size or ownership pattern, has to manage its finances. The overall objectives of an organization cannot be achieved in the absence of financial management. Many organizations fail in their objectives because of financial mismanagement and this failure rate is quite high among the small business enterprises. Hence, financial management is vital for all types of organizations, profit making as well as non–profit making. In case of non–profit making organizations also the effectiveness and performance depends on their financial resources management. Financial Management ====================...show more content...

3. Managerial Accounting deals with procuring of data for the organisation's management i.e. to serve the internal users with necessary accounting information to carry out the management tasks of planning, organising, actualising and controlling. " Management Accounting is the presentation of accounting Information in such a way as to assist management in creation of policy and in the day to day operations of an undertaking".

4. Financial Management deals with the process adopted by an organisation for taking financial decisions through analysing and interpretation of financial data for meeting the organisations objectives. Hence, the tasks involved in Financial Management include: Г Analysing financial needs

Г Forecasting financial needs

Г Managing working capital Г Planning capital structures Г Organising financial operations Г Monitoring and controlling finances etc. In fact raising funds and allocating funds for business are the two prime financial management tasks. Financial Planning Financial planning is an appraisal of those financial aspects that may or are likely too occur in future but need immediate decision making. It involves setting financial objectives in terms of profits, sales or acquistion of assets along with financial foorecasting for the organisation. This includes estimation in the areas of: Г

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1. Which of the following statements is true about hedge accounting under U.S. GAAP?

a. If a derivative qualifies as a cash flow hedge, a company may choose to account for it as a fair value hedge.

2. When a currency is allowed to increase or decrease in value relative to other currencies, the currency is said to:

a. Float

3. What has occurred when one company purchases the right to buy a foreign currency some time in the future at an exchange rate quoted today? a. the company has acquired a call option.

4. Under U.S. GAAP, what method is required to account for foreign currency transactions?

a. The two–transaction perspective must be used.

5. When accounting for forward contracts, what is meant by the term "executory...show more content...

When consolidating Essco's balance sheet into Peako's balance sheet, what exchange rate should be used for the inventory under the temporal method?

a. current rate

5. Under IAS 21, which of the following is not a factor in determining functional currency?

a. it is the currency least likely to experience hyperinflation

6. What is the cause of balance sheet exposure?

a. translating subsidiary account balances to amounts denominated in the parent company's currency

b. converting subsidiary account balances to balances denominated in the parent company's currency at historical exchange rates

c. completing international transactions in currency other than the currency of the home company

d. none of the above

7. According to FASB ASC 830, Foreign Currency Matters, which of the following conditions would indicate that a foreign subsidiary's functional currency is the parent company's currency?

a. high volume of intercompany transactions

8. Homeko, Inc is located in the U.S., bit it has its subsidiaries in Germany. When the euro appreciates relative to the U.S. dollar, what is the direction of the translation adjustment to consolidate Homeko's financial statements?

a. when there is a net asset exposure, the translation adjustment will be positive

1. Translating foreign financial statements into a convenience

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A very warm welcome to the final issue of the Financial Services Newsletter for 2017. It is hard to believe the year is already drawing to a close! Our holiday edition of the newsletter is one of our biggest. This month's articles will stimulate our minds by providing timely commentary on recent regulatory developments and useful guidance on handling legal and commercial issues in practice. Let us begin with an article on the hot topic of ICOs. ICO stands for Initial Coin Offering. Editorial board member Andrea Beatty and her co–author Daniel Taha (Keypoint Law) take us through ASIC's recently–released guidance on ICOs, and consider how it compares with the guidance provided by other regulators internationally. The 2017 International...show more content...

This is helpful guidance that lawyers can apply in practice when advising clients. Then, let us focus on salary sacrifice arrangements relating to contribution to superannuation. In their article "Closing the gap in the salary sacrifice regime", Gary Chau and Bryce Figot (also DBA Lawyers), alert us to a Bill that proposes changes that will apply from July 2018. What is this Bill and what does it propose to do? Find out by reading this informative article. I would like to welcome Leonie Chapman (LAWyal Solicitors) to the Financial Services Newsletter. Leonie is on the editorial board of the Australian Banking and Finance Law Bulletin and she is a much–loved regular contributor. I am delighted that she is now also writing for the Financial Services Newsletter. Leonie's first article for our readers is titled "Computing for financial services lawyers–observations from the 2017 Lexis panel discussion 'Human v Cloud'". In this article, Leonie shares three key tips that came out of a recent panel discussions regarding how legal practitioners are coping with and implementing the changes faced by the legal profession. Relevantly, these tips might also benefit FinTechs, so don't miss this interesting write up! Regular readers of this newsletter would know that, since 2016, I have tried to include book

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Financial Services

Introduction to Financial Services

1.0Financial Services is a growing industry, which provides for the financial needs of individual consumers and businesses. This unit explores the needs of and products available for both the consumers and businesses. The term financial service covers a wide range of products including accounts for depositing money, loans, savings and investments, pension and financial advice.

Financial Services for individual consumers are available from banks, building societies and also from organizations such as supermarkets and insurance companies, over the counter, by telephone or over the Internet.

Businesses have financial needs when they start up, expand and carry on...show more content...

This report is due back on the 10 th December 2004.

1.2Financial service providers

Below are some of the financial providers

– Investment companies

– Insurance companies

– Government

I will talk briefly about each one and explain the benefits and the disadvantages of each.

Investment companies

Investment companies provide people with wide range of product types, to meet their certain needs.

People that have money to invest should know clearly what they want to do, achieve for example:

– Capital growth

– Income

– Or both

The investment company they prefer should help them meet this objective, baring in mind a number of other factors such as the persons risk profile, the amount that can be invested and how long for. Insurance companies

Insurance companies provide policies, designed to pay out if some particular event happens. They offer products aimed at satisfying our needs for protection.

People may want to ensure against:

– Damage to your house through fire

– Breakage or loss of your possessions

– Death of the main family earner

Insurers charge a premium for the policies their customers take out, which is effectively the price the customer pays for the protection he has obtained.

Some Get more content

There are many questions that you would need to ask the finacial aid office. For example, "what types of financial aid do you have?" This question is needed to just broaden your mind on what all the office offers to see if any fits you. "How much debt do students have when they graduate?" When paying your debt you really dont want to have so much that you will be spending half of your life paying for. Almost allcollege students finish college with some debt. Another question would be "If I don't apply for financial aid this year, will that affect my eligibility for financial aid in subsequent years?" You will need to make sure to not apply too late for finincial aid. A question hat would go with the last one is "what are the deadlines for

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Financial planning requires establishing goals and developing a strategic plan which can expedite the process. Whether buying a house, starting a business, saving for higher education, working toward retirement, or investing in real estate, financial planning is the key to achieving success.

Financial planning has always been important, but in today's economy it is more important than ever. Regrettably, a large majority of Americans are struggling just to provide the basics, let alone save money for the future. However, with resolve and willpower, most people can find a way to save a few extra bucks. It simply requires review of current finances to determine where expenses can be reduced or income increased.

The first step of developing...show more content...

Much of the information is offered at no cost. Prior to investing money into financial planning workshops it is important to engage in due diligence and determine the credibility of the person or company offering the information. Always conduct research online or check with the Better Business Bureau to determine if any complaints have been filed.

Many people find working with a certified financial planner is a way to build a solid financial plan. These professionals are trained to help individuals and couples achieve short– and long–term investment goals through review of income and expenses and implementation of investment strategies.

Consumers can find a list of certified financial planners, along with financial planning tools, resources, and online webinars through the Financial Planning Association website at FPAforFinancialPlanning.org. Visitors can peruse informative articles regarding saving for college, buying a house, estate planning, retirement planning, and much more.

The sooner financial planning strategies are implemented the sooner wealth can be built. However, it is important to conduct research to determine which strategies are best suited for your personal investment goals. Afterward, develop an investment and savings plan, make a commitment, and stick to