Essay on My Personal Financial Plan

v. Jessie has no spouse and can't be claimed as a dependent by someone else.

As I begin my personal financial plan, I will start with my goals for different points in my life. This will outline the overall plan for getting my finances in order. Even though I may not have enough time to complete my goals, completing my goals are important because of financial well-being and being able to retire comfortably.

Having completed the degree successfully, I will be looking forward to employment in a good accounting firm. I anticipate to earn and be compensated a substantial amount of money so that I can appreciate my hard work since early years. I will be employed as a financial controller. The average annual salary for financial controller in the US is about $93003 (PayScale, 2017). If I select to work in New York, I will earn $102048 (PayScale, 2017). There are several job opportunities in this field.

In addition, while saving in your 401K, you should also be saving, working hard and investing so that you do not have to rely on it when you retire. Think of it more as a backup account for if your current wealth building methods do not pan out. With that said, here is how much you need to have saved in your 401K for your retirement.

When you first asked me to invest your life savings into three areas of my choice, I was quite

To start I plan on going to post secondary school after high school to get my bachelors degree. I plan on majoring in finance and then becoming a CPA. I am still unsure what I want my minor to be but I’m pretty positive it will be in the business field. There were a lot of different things in my life that made me want to take this path. One of which is the financial situations of my parents. After my parents divorce, it came clear to me how important it is to go to college. My dad who went to college and got his degree has found great success. Whereas to my mother who decided to work after college struggled after the divorce to get everything together. She was changing jobs constantly trying to find one that paid more so she could provide

Retirement plan has its advantage and disadvantage. Mostly it is based on the choice of the participant. It is the right of the member whether to choose it or decline. The 401-k retirement plan builds on the retirement plan sounds likes to replace for pension, but not. The 401-k plan should not necessary for all employees because it is beneficial based on age and employment history and no beneficiary is allowed.

Based on the master budget, there have something wrong and unclear. All the numbers are the same, evenly quarter two have more sale than other quarter, at least less 30% than quarter two. We can easy to recognize with a few changes and we can achieve a goal $1.000.000

For many people including myself, one of the best decisions that we can do to help us make the most of every penny we make to help us fulfill our goals and objectives in life is to create a personal budget. Until we know exactly where our money is coming from and where exactly our money is going and being spent, we cannot truly take control of our finances and financial goals. The most important part of the process is to gather and collect information obviously with some clear goals already in mind.

I believed financial sector is one of the fastest growing and most influential elements in our modern society and economy. Financial professionals help companies and organizations stay on top of their own finances, which is a top priority in the wake of the recession. The growing of financial services in the world has brought massive opportunities to utilize newer principles, methodologies, tools and practices in the field of finance. It is this challenging field in which I would like to gain expertise.

Individual Retirement Accounts (IRAs) are another way to save for retirement. They can be used independently or in conjunction with a 401K plan. Funds are deposited after taxes have been withheld so there is no tax due upon withdrawal in retirement. IRA contributions can be withdrawn without penalty if you face a financial hardship such as losing your home or significant medical bills.

My main financial goal right now is saving up enough money for Disneyland. One strategy is buying less "snack foods" and clothes each month. Another strategy is making sure my house is spotless and getting an allowance each week for that. My final strategy is doing more sales for my online shop to get more attention from customers and

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.

Google’s total assets have steadily increased dating back from 2008 to 2012. Some key figures to point out in their assets are the slow growth between the second half of 2008

Finance is needed for several purposes and different purposes need sources of finance which are most suitable to them. When choosing an appropriate source of finance some factors have to be considered. The factors that need to be considered when choosing an appropriate source of finance are: