Nelson Textbook Analysis

An increase in baby booming makes it tougher for working parents to find daycare. The facts prove that having children come with a true price. Even so it doesn’t change the issues of finding child care or makes them go away. When parents work, quality child care is a necessity. And it does not come cheap. For families with more than one child, child care can eat up one salary, leaving parents wondering both working is worth it. When thinking of child care there are some options to consider like choosing a child care center, the costs of child care centers, and waiting lists.

A budget requires an organized layout that categorizes revenues and expenditures within particular funds to account for operations, administration, student services, salaries, benefits, transportation, and curriculum development, to name a few. The four funds for budgeting are the General Fund (10), Special Revenue Fund (20), Capital Fund (30), and the Debt Service Fund (40). Categorizing items into funds facilitates the budgetary process by grouping revenues and expenditures to compare expenses and make adjustments to meet educational goals as needed.

I thoroughly enjoyed Deb Nelson’s talk on Friday to our class. I liked how she told us her own principles of marketing and how she applies them to her work. Her story of how she ended up in marketing was interesting to me, considering she did not start off in the marketing field; she found her success by working hard and sticking to her principles. I think that is an admirable trait in anyone in the professional world; especially being a woman. Her life advice was also important. As a senior, I am still experimenting with establishing my own code of conduct for the workplace. Her advice, “Act Like a Duck” (stay calm on top, but peddle like hell underneath) and “Relationships Drive Revenue” are strategies that can I relate too and plan to adopt

In this essay, the things that will be discussed is the history of childcare, the education and training on how to be a childcare provider, how much a childcare provider makes, different types of childcare services and the importance of childcare. Childcare is the act of caring and supervising of a child usually from age six weeks to age thirteen. Early childcare is a very important and often overlooked component of child development. There are a lot of things you must do to become a childcare provider. Providing for a child isn’t that easy to do without the proper training. Childcare is the caring of a child from the age six weeks to age thirteen. The history of childcare began in the United States in the early 19th century. The first American childcare center was in Boston. Boston established the first education center. It was designed specifically to care for abused and neglected infants and toddlers. Childcare programs began in the 19th century due to welfare and reform movements. The childcare centers of present-day times progressed from the day nurseries that began in the 1840s in Boston. These nurseries took care of children of widows and working wives. Most families that were involved with day nurseries were a part of an economic deprived group of sailors. Childcare programs were sponsored by the government. The first company to privately sponsor childcare centers was Kaiser Corporation. During the World War II, a distinctive child care program began in 1943 in

A budget is a projection/estimation of the financial requirements and burdens that an individual/business drafts to understand their spending and financial boundaries. A budget generally outlines the situation a person will be in financially and can be created using estimates of future incomes and expenses.

The organization that I work for is non-profit; budgeting is mainly aligned of the future needs and aspects of Long –term care and the operations within the organization. Our Organization cares for the very young to the elderly and consists of the following-Skilled Nursing, Assisted Living, Independent Retirement living, Adult Day, and a Child Daycare Center. As you can see there are many different aspects that have to be aligned in the budgeting process, as well as any future aspects and the organizational potential growth, goals and objectives. We also have to stay abrasive of the competitors within the community.

You may think you’ve heard Marion Thomas Nelson’s story before, but you’ve only heard one version. This is how it happens the second time.

Setting a budget, determining goals for a financial plan and other points are identical with what we have discussed. During our class period, we talked more about how to set up budget and financial plan on our own using tools and assistance that are available online, some are even free of charge. But in the article, the author is more emphasizing to consult professional financial advisors for personal financial planning and budgeting. Both ways are helpful and not stand against each other. I believe it is more effective and efficient to using those resources available online for practice, and, meanwhile, turn to financial advisor for assistance. We can buy the knowledge from the experts and turn it into our own for future financial

Budgeting allows you to plan how to live within your means, protects you from going into

Setting budgets helps young adults be more financially aware and stay away from materialistic desires. For instance, the “zero-based budget” allocates every penny spent. Dave Ramsey, author of several personal finance books, explains how “make [your] income minus the outgo equal zero” (Johnson 2017). Therefore, nothing gets wasted, and every dollar goes into supporting a person

When developing a budget, the first step is having a written strategic plan. This help in budgeting towards the organizations vision. The budget provides the financial resources to achieve goals. The governing board or head of the organization should approve the budget and keep current with its performance. The budget should be reviewed monthly to monitor performance, be familiar with all expenditures, and safeguard against misappropriation of funds (Lotich, 2014). The budgeting process looks several years into the future to identify a variety of financial needs that may be growing while other are decreasing. Budgets need to show how the money is to be allocated and spent (McCrie, 2007).

budget through establishing the a summary of my likely incomes and expenses over various periods, to determine personal goals, priorities and supporting behaviors to manage and monitor spending as well as adjusting and continuously redefining goals and expectations over these periods of time. Knowledge of the components of a comprehensive, operating and capital budget is essential in giving the full picture and control of my personal finance saving me the stress of suddenly adjusting to lack of funds. A Cash budget will be effective to manage and monitor the cash flow on a daily basis enabling me to take consideration of expected and unexpected costs. Effective monitoring of income and expenses would help in reducing the adverse effects of

Teaching kids early to work within a budget pays off big for them down the road. Even when very young, kids are ready for the basic idea in how to save and spend money and as they get older, if parents include them in their own budget planning it will help their children develop good money habits from the start. The concept of budgeting is not hard even for younger children. The hard part building good money habits at an early age. These habits, especially the bad habits, have had the chance to take root are very hard to break.

Because I get paid for the work I do on a monthly basis, I have also realized the importance of budgeting and the fact that practical budgeting is far more different and difficult than what is taught in accounting at A-level. I believe budgeting is vital for everyone regardless of their age and anyone can benefit from it as it isn’t only applicable to those having trouble making ends meet. I have learned to delay my gratification so that I can pay for necessities first and not spend money

A budget is a document that is used for planning financial information for activities that will occur in the future (Achim, 2014). For higher education organizations, budgets explain and manage the funds that are provided by stakeholders and show how funds are used to support the organizations’ missions (Palmer, 2014). Different budget strategies provide information on how funding assists the organization’s goals (Palmer, 2014). The budget process entails the budget policy, the limiting factor, budgets for revenue, creating the first draft of the budget, the negotiation process of the budget, the review of the budget, the final approval of the budget, and the final budget review (Achim, 2014). (108 words)