...Sample Essay on Financial Planning It is vitally important for the individual to set up a personal financial plan in order not to experience hardships and financial difficulties in the future. Financial plan assure financial stability and financial freedom that one wants to possess till the end of his/her life. The following essay will speak about the role of the financial planning for the retirement years and will state that people without financial plans face substantial pain/suffering/unhappiness in their retirement years. The process of developing a sound financial plan is a routine process that indeed involves not only careful financial analysis of the person’s current situation and long-term commitment to implement and monitor that plan throughout his/her life, but also requires careful thinking for the future. In order to properly achieve the financial planning goals, one has to monitor the performance of the financial plan as well as make proper changes when necessary. Thus, in order for the plan to remain of use for the person and not a fortune for financial advisors, one has to make it user-friendly and elaborate. For example an article How to manage your money, noted that one is not able to compete well without the resources and thus has to read a lot about the market (Macklem, Katherine, 2004). One should weigh all the pros and cons of mutual funds namely, criteria for selecting stocks, the fund managers, and track record. Katherine Maclem (2004) states...
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...research paper will be answering. For example, if your general area of interest is social security, a possible research question might ask, “How can low-income families save more money if the United States had a reformed social security plan that includes personal retirement accounts?” As you develop a research question, keep in mind that you will need to research sources to support your topic. Do not pick a one-sided question that will limit your research. Instead, develop a research question that lends itself to further exploration and debate—a question you genuinely want to know the answer to. Try to pick a research question that is neither too broad (covering too much) or too narrow (covering too little). It should be broad enough to be discussed in a short research paper. Part 1: Complete the Research Plan |What is your general topic or area of interest? | | | |Renting a house vs. Buying a house | | | | |What is it about your general topic of interest that interests |Will you save more money renting a house or buying a house? | |you? | ...
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...each action.Like in the essay “Shooting an Elephant,” George Orwell finds himself in a moral dilemma. Our main character a police officer in the British Raj, and he writes about his experience or moral dilemma in his short story, 'Shooting an Elephant. To save face, he shrugged it off as his desire to 'avoid looking the fool'; (George Orwell, 283). In truth, the atmosphere of fear and pressure overwhelmed him. His inner struggle over the guilt of being involved in the subjugation of a people added to this strain, and he made a decision he would...
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...Ethics Essay ETH/316 June 30, 2014 Ethics Essay Comparing the similarities and differences between virtue theory, utilitarianism, and deontological ethics is what will be discussed in this essay. Also, explaining a personal experience in how the relationship between virtue, values, and moral concepts as they relate to one of the three theories will be discussed. What are ethical theories? “Ethical theories deal with the question of how human beings ought to behave in relation to one another. In the broadest sense, they define what qualifies as right and wrong, as well as how to promote human flourishing (Dontigney, 2014).” The comparison between the three ethical theories are that each theory promotes the decision to choose what is right or wrong in particular situation. Whereas, the differences are the types of a situation a person is dealing with. Each of the theories describes a different situation on how one deals with their choice of right and wrong. The definitions of each ethical theory is as follows. First, virtue is a theory that it looks at ones individual character, rather than his or her actions. For example, if a student cheats on an assignment, the virtue theory looks at the students past personality traits to help determine if he or she is guilty (Hamilton, 2014). Second, deontological is a theory that looks at the consequences of one actions toward life choices and how those action relate to responsibility and obligation. For example,...
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...i The Poor and Their Money An essay about financial services for poor people Stuart Rutherford Institute for Development Policy and Management University of Manchester January 1999 The Department for International Development will be publishing this work in New Delhi during 1999. For further information contact Sukhwinder Arora at the Department for International Development, New Delhi, India. ii PREFACE Over the last 15 years initiatives to provide financial services to poor people (the ‘microfinance industry’) have come on by leaps and bounds in terms of size and reputation. Despite this, the industry is still only in its adolescence and our understanding of why and how poor and very poor people use microfinancial services ( and why many choose not to use the services that are available) remains partial at best. This essay takes the reader on a ‘voyage of discovery’ that seeks to both deepen her/his understanding and encourage her/him to apply that knowledge to the practice of microfinance. The voyage that Stuart Rutherford offers is a unique one based upon years of careful and detailed personal research. It does not take a deductive approach that develops a theoretical model of the financial behaviour of poor people. Nor does it follow the ‘case study plus best practice’ approach that has been favoured by many practitioners when they write of microfinance. Instead, it adopts an inductive approach - based on thousands of conversations and meetings with...
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...In Peter Singer’s essay “The Singer Solution to World Poverty,” he explores the possibilities of each and every American giving up about 2/3 of his/her income. However, rather than simply talking of his own solution as another theory, he tells the reader in so many words (literally) that he/she is wrong. A large chunk of the essay is basically a big middle finger to everyone reading it. It is almost as though Singer wanted to invoke anger out of the reader so that he/she would then go and donate money to charity, so as to say something along the lines of “You lookie here, Singer, I’m not who you say I am.” Some people might think that Singer is just out of his mind, but I think he was angering the reader by making harsh accusations on purpose. Singer opens his essay with a ridiculous story from a film about a fictional woman named Dora. In the story, Dora is a “retired schoolteacher who makes ends meet by sitting at the station writing letters for illiterate people.” First off, how could anyone make enough money to live comfortably like that? She ends up selling a homeless boy to what she is told to be a “wealthy family.” Her neighbor somehow knows that this is not the case, that the boy will be put to death and his organs sold. Second of all, how does the neighbor know this? This accusation is not explained. Dora then goes home with her brand new television, feels guilty, and takes the boy back. Why would Dora do this without further research? She has no proof other than passing...
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...Introduction: Some people earn money. But they do not know how to spend it judiciously. Some of them squander away the money. They are called prodigal or spendthrift people. For this they suffer a lot in their life. They cannot get money at the time of need. They cannot give their sons education. They cannot give their daughters in marriage. They run into debts. They lose all and at last they are on the street. How to be frugal: Frugality means to spend the earning judiciously. There is a saying “Cut your coat according to your cloth”. So, our expenditure must not go beyond the amount of income. Also our expenditure must not cover all our income. Because we will have to save a good amount against any unforeseen situation. In future, we will have to give our daughters in marriage. Our sons may fall seriously ill. Our members may grow and we may have to build more houses. We may have to face litigation set by our enemies. For all these we must have to save a good amount of money for our day to day income. So, we will have to spend our money judiciously in order to make a saving out of it. For this we will have to prepare a monthly budget for ourselves. Frugality does not mean miserliness. Frugality is a virtue. But miserliness is a vice. Miserliness means the psychology of all income and no expenditure. Frugality means a sense of proportion. Advantage of frugality: Frugality has got a lot of advantages for us. A frugal person never runs into debt. He enumerates his most essential...
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...came into being 14 august 1947.we think that we are independent. but the reality is not like that how we think because our politician come in the government and say that we are relevant with the problems of Pakistani people but in such they are just making money and transfer it in Swiss banks. And the most genuine problem we can not believe any one in the Pakistani politics All are corrupt by heart and soul…they come with the oath that they will resolve the problem of Pakistani people and they will save the life of Pakistani people but the reality is much bitter because poor people of Pakistan are going in graveyard slowly. Politician are not concern with the problem of Pakistanis they don’t take any initiative in the favor of Pakistani people still we are slave. I would like to ask some question. Our ancestor died because they thought our new generation will take breath in independent country. And they did well. But could we save our country? At that time when Pakistan became as an independent country because there was a nation who wanted an independent country… but now a days Pakistan need 1 nation. Who can save Pakistan? So should we take stand…? Or not……? Incoming search terms: what can i do to improve my country pakistan essay (37) essay on what can i do to improve the image of my country (24) essay on what can i do to improve my country (19) essay on what can i do to improve my country pakistan (18) what can we do for our country pakistan (14) ...
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...Name: Priyesh Kasan Student Number: 448851 Course: Economics 1 (ECON 1000) Topic: Essay – Semester 2 (2010) (Final Copy) Essay Topic 2: “During the 2006-2008 period COSATU called for changes to government fiscal policy citing “prospects for a more expansionary fiscal policy” (COSATU Secretariat Report to the Ninth National Congress, Sept 2006) and arguing that “[fiscal policy] is unduly focused on chasing macro-economic targets, such as low budget deficits” (COSATU General Secretary, Zwelinzima Vavi’s address to the AGM of NEHAWU Securities, Nov 2008).” Answer the following: By making reference to the compulsory readings, discuss whether you think it was advisable for the South African government to increase government spending during the 2006 and 2007 financial periods. Explain why you feel this way with reference to the information contained in the readings. Tutor: Maite (14:15 - 15:00) Due Date: 20 September 2010 No. Of Words: 1097 INRODUCTION: This essay will explore the meaning of the fiscal policy, an increase in government expenditure and how it relates to inflation and the aggregate expenditure model. It will discuss whether it was advisable for the South African government to increase government spending during the 2006 and 2007 financial periods. The mains views that will be discussed will be based on how an increase in government expenditure affects the aggregate expenditure curve, what is the result of this on the GDP gap and also its effect on the inflation rate...
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...“ All days are not the same. Save for a rainy day. When you don’t work savings will work for you.” -M.K Soni. How does this pertain to seniors in high school and their financial futures? Can saving up now truly benefit you later on? Does saving up a great deal of your money save you later on down the road? What is saving, budgeting, and planning on your financial stability for your future? These are all questions I asked myself that I knew I would use in this essay. Through a set of thorough research, dedication, and thought I came up with one answer that is easy. Saving now will benefit all people, especially seniors in high school. It will help them have no worries on a variety of things, and you won’t have a hassle or worry financially. In this essay I will be giving examples, facts, and prove to you how I am right. Why start saving now, isn’t that what a job is for; providing money for my everyday life? Saving is a systematic plan for the expenditure of a usually fixed resource, such as money or time, during a given period. Imagine if you lost your job, and couldn’t pay your car payment, and/or had no money to buy your everyday needs. You start using a credit card, and end up spending so much that you cannot pay it back on time. What happens to that bill? It builds up interest, and creates an even bigger problem to begin with. Interest is a charge for a loan, usually a percentage of the amount loaned; an excess or bonus beyond what is expected or due. No one wants to...
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...Steps to Writing a Persuasive Essay 1. Read and understand the prompt or writing directions. What are you being asked to write about? Example: Persuasive Writing Task In this writing test, you will write a persuasive essay or letter. Your writing will be scored on how well you: • state your position on the topic • describe the points in support of your position, including examples and other evidence; • anticipate and address readers’ concerns and arguments against your position; and • use grammar, spelling, punctuation, and capitalization. 2. Decide on a topic or issue. If you get to choose your topic, select something that you feel strongly about or that you feel competent discussing. If the topic is assigned, think about the best way to approach it. 3. Make a list of pros and cons for your issue. PROS - What makes your idea a good one? CONS – Consider your audience. What arguments might they make against your idea? 4. Write a thesis statement. In a single sentence, state your proposal or position. What’s the main idea that you’re trying to get across to your audience? What do you want the reader to agree to? 5. Organize and outline ideas. Select your best arguments to support your opinion. Use one paragraph to address a reader counterargument. Topic Sentence: First reason why your idea is a good one. Supporting Details: #1: Facts, Examples, Statistics, Interview Quotation, Expert Opinion, Anecdotes #2: Facts, Examples,...
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...overcome. He also wants kids growing up in a similar situation to succeed and not be another statistic. This essay really stood out to me because Alexie must conquer problems that are greater than himself. In order to not be stuck and labeled as another reservation Indian he must fight against what is expected of him. Sherman Alexie is able to overcome and persevere which speaks to me because I have had to overcome lots in my life. Through the use of analogies, anecdote and repetition Alexie is able to relay the story in a way that leaves a lasting...
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...School Hours Essay Yes, Schools in America should be year round for the following reasons. Year round school is in the best interest of communities because it saves money, increases learning, and is a comfortable schedule for students. First, we need to establish why the nine month schedule was established in the first place? The nine month schedule was made when the U.S. had mostly agriculture in the communities and the schedule let the kids be able to help their parents on the farms over the summer when they were needed. Now that most communities aren’t rural anymore this schedule is no longer needed. Next, the year round schedule saves money. How is this possible? This is possible because with the year round schedule there could be what...
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...Goals Essay When planning for my life journey, I have found that setting goals assist me in making successful decisions. It’s especially helpful when I work on succeeding in long term, short term, and lifestyle goals. One of my long term goals is to save up for a trip to New York with my friends. I plan on achieving this goal by first making sure I can have time off from Christmas to New Year’s. Then have enough money to have fun by 12/20/14. Finally the last thing to do is reserve 4 plane seats and 2 hotel rooms. My second long term goal is to build a house the way I want it. My first step would to have the job I need in order to afford the money to make the house. My second step would be having enough money in order to completely build the house. My last step would be to sketch out and pick where the house will be located and how it looks inside and out including every room. My last long term goal would be to save for retirement. I would need to figure out how much I would want to save up. Then I would have to calculate how much hours or years I would have to work in order to save the amount I would need to have saved up in order to survive. Lastly make a BUCKET LIST (: . I also have short term goals. My first short term goal is to get and A in English class all through high school. I need to make sure I turn in all missing and current assignments. Do all my homework. Take lots of notes & do good on tests. My next goal is to graduate high school. I have to pass...
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...includes published information, numbered pages, table of contents, articles, figures and references. It also has numerous of formats, for instances, PDF, CHM, UMD, PDG and EXE, that users could read it on the screen of personal computer, laptop, Smartphone and any other kind of computer. This essay will examine the educational benefits of e-books from the point of view of student users and show e-book’s advantages, which include accessibility, money saving and portability. In the following paragraphs, the essay will firstly show the accessibility of e-book and limitation; secondly, money saving and one of the argument about used book; portability come last. Accessibility is the main advantage that students can benefit from by using e-book. Tedd and Large (2005) illustrated that e-book can be 24/7 accessible in many academic libraries via their digital libraries. Both Briddon et al and Jamali et al (2009) states that accessibility is the major benefit of e-book, users can get e-book through internet anywhere and whatever time they want instead of going to the library on purpose. Therefore, it would be convenience for students to get sources from academic libraries online, students could save a larger amount of time in their daily life and study. From the research of Shelburne (2009) 55 percent of graduates and 64 percent of undergraduate students use e-book for studying. Sometimes text books are highly required from the students during the reading weeks and exam periods. It will...
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