Fp101 Week 1 Dq Answers

Many people believe that a college education is a worthy investment. The ability to become a college graduate will result in making more money. There are more jobs in today’s society that require college degrees. College graduates develop more and better employment opportunities within earning a degree. Self-discipline is a major element in becoming a successful graduate. Also, college graduates are healthier and live longer. Adults-young and old, male and female-who have a bachelor’s degree or higher have twice the annual median income than someone with only a high school degree ("Do college graduates," 2014).

This question requires you to integrate a variety of sources into a coherent, well-written essay. Refer to the sources to support your position; avoid mere paraphrase or summary. Your argument should be central; the sources should support this argument.

You will post a 200–250-word thread in the Discussion Board Forum answering the assigned question(s). Be sure to stay within the word limit. Remember that this is a discussion, not an essay or paper. Leave room for others to comment, challenge, and question you.

The past has shown time and again that one who has been well educated succeeds in life. If a person attends college limitless doors will open for him or her because one has multiple possibilities in the career field. Since one has the qualifications, particular career options will continue to provide themselves. One will most likely be paid more money because one has a large wealth of knowledge, and have been professionally trained in certain areas of expertise. Financial success, excessive knowledge, and endless career possibilities are a few basic effects of a college education. If one has been trained correctly, life will provide a great deal of optimism, and one will most likely live an additionally comfortable monetarily savvy life.

1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points)

***NOTE: These questions are a formal writing assignment. Your responses MUST be typed, MUST be in your hand on the day of the seminar, and MUST include full paragraphs and specific references to the text, including page numbers, in order to receive credit. The responses will not be accepted late, and students who show up without a printed copy of their answers will receive a zero for both the written grade and for the discussion. Each answer should be AT LEAST one full paragraph, and some may be longer.

Directions: Answers MUST be at least two paragraphs long (eight total sentences of information) and have at least 3-4 sentences of critical thought about the information you present.

Please post a 200 - 300-word response to the following discussion question by clicking on Reply.

5. Give your point of view on this topic. Use key class vocabulary AND quotations from the reading with commentary when relating to this subject. 200 words minimum.

1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points)

IN AT LEAST 150 TO 350-WORDS, WRITE AN ESSAY RESPONDING TO THE DETAILS OF THE FOLLOWING THREE QUESTIONS AND STATEMENTS:

Many people entering the workforce today are making money, but are struggling to manage it. For many, personal finance is a mystery. They struggle to understand the basic personal finance principles, concepts and ideas. Are you one of those who are struggling to manage money? Then seek assistance from the experts in the field.

The job of financial planner breaks down into steps that are clear and easy for the client to follow. The first step in the process is to create a relationship between the financial planner/advisor and the client. In this phase, both parties will want to establish what type of relationship they will have with each other. After this, it is vital that the financial planner determines exactly what the client 's goals are. What do they want their financial future to look like? Once the planner and the client have decided upon the short term and long term goals, the advisor will thoroughly analyze the clients financial health. It is important to know where they stand currently, so a map can be made to reach a new level of financial freedom. Attorney Andrew M Wyatt then takes this information and creates a financial plan for his clients

Although a budget is one part of this process, we must learn to save money first. Specifically, in this book it says to set aside one-tenth of what we earn and save it (ch.5). Setting aside one-tenth of what we earn allows us to make more suitable decisions on what we do with the other nine-tenths to live our daily lives. After a certain point, the one-tenth that we save every time we earn grows more and more to be able to buy the things we want or even really need.

Step 3: Adopting an Investment Plan-Once someone has their general goals, they will need to adopt an investment plan. This will include specifying a target date for achieving a goal and the amount of tolerable risk