Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1-Do you believe that personal financial planning follows the same guidelines as corporate financial planning? Explain your answers with strong, academic arguments. 2-You are an

1-Do you believe that personal financial planning follows the same guidelines as corporate financial planning? Explain your answers with strong, academic arguments.

2-You are an advanced management student with an emphasis on corporate finance. What important elements or aspects of corporate finance, if any, are critical to organizing your personal finances.

3- Do you believe that corporate scandals are largely influenced by personal financial problems of those who have caused these financial collapses? Please provide concrete examples and academic references of peer-reviewed studies for both this and previous responses.


4-Create a draft financial plan that applies the beliefs and habits that have kept you from achieving your goals of financial freedom.

5-Create a simple, personalized financial planning model for your income and expenses.

6-Explain the five levers that will make your path easier in reaching your ultimate goal.

Personal Financial Goals

Include a minimum of three (3) financial goals for each time period (short term or one (1) year, intermediate or 2 to 5 years, and long term or 6 or more years). They may include additional goals if they wish for each time period. Each goal should be prioritized with a compliance date (goal) and an estimated cost. For asset accumulation, such as the size (value) of an investment portfolio or retirement plan, the monetary value (in dollars) must be identified as of a specific date. Grammar and spelling rules must be observed, and in a word document explain in detail each of your goals presented in the format. Be aware of the strengths, weaknesses, opportunities, and threats that come with meeting your goals. Please, in all weekly cases use the course template (work cover), summarize, the body of the document with references according to APA guidelines, the conclusion and bibliographic references, and make use of course references and other additional ones. that esteem can justify and strengthen their goals.

Personal Financial Goals
Names):____________________________________________Date:__________________________________
Short-Term Goals (1 year or less)
MetaPriorityTarget DateEstimated cost
Medium Term Goals (2 to 5 years)
MetaPriorityTarget DateEstimated cost
Long-Term Goals (6 years or more)
MetaPriorityTarget DateEstimated cost


Step by Step Solution

3.35 Rating (130 Votes )

There are 3 Steps involved in it

Step: 1

1 Personal financial planning and corporate financial planning are similar in the sense that it follows same financial principles and use financial concepts like time value of money capital purchase d... blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Document Format ( 1 attachment)

Word file Icon
60b74062e1354_70579.docx

120 KBs Word File

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Bank Management

Authors: Timothy W. Koch, S. Scott MacDonald

8th edition

1133494684, 978-1305177239, 1305177231, 978-1133494683

More Books

Students also viewed these Corporate Finance questions

Question

=+What are the outcomes?

Answered: 1 week ago