Becoming A Financial Advisor

Values are basic convictions of what is right, good, or desirable. The values that are most central and critical to how I approach work would include self-respect and security as my terminal values. For instrumental values, I rate truthfulness and dependability very highly. I base this value structure in terms of my career aspirations. Specifically, to the degree that I think my values align with those of successful people in the field to which I aspire. And the conflicts, if any, that I see between my values and the values espoused by

Whew, where to start? The personal finance class through Dame Ramsey’s Foundations in Personal Finance textbook and video series really had a lot of useful information, and it is hard to pick out the most impactful chapters and topics. However, I think the most important stuff for me was his five foundations for financial success, which were reinforced throughout the course. I am not downplaying the other important stuff in the course, including learning about the history of credit, budgeting, consumer awareness, investing, insurance, and taxes, but I think that mastering the fundamentals is important, which is why I am choosing to highlight them in this paper.

Efficiency: Whatever idea, thought, plan or action we do, must be efficient enough to make us reach our set goal.

As a sophomore in high school I took on my first job as a caddy at a local country club. Since I was new I did not get regular work, so I would go early on the weekends and on summer days and wait out by the caddy shack for unexpected work, so if my boss needed a caddy on the spot, or another caddy failed to show up, I would be there. This determination is driven by my constant grit to be financially independent, but also I did not ever want to make it harder on my parents by asking for money. To this day my Mom still struggles with money, as many people do because of unexpected events. This is why I have the passion to pursue finance, because I believe one day I can help people manage their current financials so that they can endure hardships that I know can come from unforeseen events. I hate to see people be unhappy and struggle with life because of financial issues, that is why I am motivated and inspired to be a successful financial

In the article, Advisors Involved in Financial Planning, authors Mendlowitz and Kess talks about how financial advisors are people oriented and want what is best for their clients. The authors prove that the difficulty of the financial advising processes is typically overlooked by others by stating, “The different kinds of financial advisors and their role in the overall financial planning process is difficult” (Pg.66). Many might think that financial advisors have an easy job, but there is more to it than telling people to save small amounts of money here and there. Advisors must go through several specific steps to figure out the exact amounts their clients must save. The author of this article talks about situations that a financial advisor might go through as well as how the advisor should

The goal of this course is to get you thinking about personal finance issues at a point in your life when you still have time to benefit from the power of time in generating wealth to accomplish your other life goals. The financial decisions you make early in life with determine in great extent the quality of life you will enjoy later, especially given the turbulent and uncertain economic conditions. Money isn’t everything, but a lack of it will impact almost every aspect of your life and those who surround you.

Ambition is a driving force, since the beginning of mankind it’s inspired minds worldwide, to strive and succeed. Ambition helps discover technologies, create hope and has helped people reach their goals. Although being ambitious can bring many opportunities and achievements, however, does ambition have just as many risks, as it does benefits?

Future initiatives with financial education can change the landscape of an individual’s life and the economy in which we live. If there is limited focus on learning about personal finances we continue to set our economy up for constant failure. There is a substantial amounts of education provided to school age children that does not directly impact their financial education for their future. In high school individuals learn

Growing up, I was a child who encountered many hardships. As I came to an age to begin realizing an underprivileged childhood I lived, I learned overlook it and live on. I began to ask myself “What does it take to live a lifestyle of true comfort financially?” This is a question which I reflect on every day and is one which motivates me to flourish. Raised by a single mother within a lower economic class, we often ran into very tough times. At one point we had to completely pack up and relocate and live in my grandfather’s house. Discomfort cannot describe the reality or feeling, however we were blessed to have Family, family that we could rely on. At the age of 14, I set a goal that would require my best work to become a successful financial advisor. I will not let my childhood define my future; rather I will control my destiny through my experiences and my accomplishments as a result of work ethic.

My introduction to the world of personal financial planning began in the summer of 2012 when I enrolled in a Personal Financial Management course at The University of Texas at Dallas. Prior to this course, personal finance was a topic that I had always taken a deep-rooted

These four elements all work together to create the success of an organization. These elements can easily related to many of the shifts that we have seen in many areas of our day-to-day lives. Healthcare is one area of our lives that I feel continues to change to become more efficient. New practices are being implemented daily to improve ways patients are cared for. The implementation of technology has become an important part of healthcare and will continue to grow in use. Our patient population over the past several years has evolved and become more educated on the hospitals they choose and their illness. When they come into the hospitals they are expecting a high level of care. According to Wikipedia (ND), efficiency is used as an ideal practice to achieve a goal. Relating this to healthcare we see new systems in place such as urgent cares, or even clinics so a greater number of patients can be seen increasing revenue. Not only that since many of these

This knowledge has made me lean toward what used to be my father’s and sister’s view on what I need to do for my future. I want to make as much money as I possibly can because money may not buy happiness but it certainly helps create it. I have become a person with many expensive and rich-like tastes that I cannot see me losing anytime soon. This dream of mine is not only for me, but is also for my wife and kids in the future; I do not want them to have to struggle for much of anything and if I can make that reality then it is a win for me.

For any management team or executive, the pursuit to merge a good amount of these two qualities together requires some amount of sacrifice. To become highly effective, efficiency has to be first sacrificed after which it can be slowly increased without a considerable drop in effectiveness. This is the most accepted method used by managers because results matter to clients and customers instead of the cost of acquiring it.

In addition to my mission statement, my core life values are the foundation of my mission statement, which allows me to uphold my promises and standards. These promises and standards will afford me the opportunity to improve the life of others and myself for the better. Therefore, there are four particular core values that I live by each and every day. The four values are commitment, compassion, dedication, and optimism. The first core value, commitment, embodies the theme of loyalty and honor. I work hard each day to live up to the promises that I make to finish tasks, help others, and meet the expectations that I place on myself or by others. The second core value that I live by is compassion because I wholeheartedly believe in being kind to everyone and helping those in need. The third value that I live by is dedication. Along with the previous two values, dedication is an important factor because being dedicated to someone or something allows a person to display that person’s character of being steadfast and passionate—even in the face of adversity. The fourth and final value that is a foundation for my personal mission is

Goals are most likely to be accomplished by knowing and focusing on our personal values because we tend to have high priorities that we forget and as new opportunities and problems arise, we do not have enough time to do our high priorities. It is easy to do low priorities as they take less time. (Source 6)