1-Do you believe that personal financial planning follows the same guidelines as corporate financial planning? Explain your...
Question:
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) | |||
Meta | Priority | Target Date | Estimated cost |
Medium Term Goals (2 to 5 years) | |||
Meta | Priority | Target Date | Estimated cost |
Long-Term Goals (6 years or more) | |||
Meta | Priority | Target Date | Estimated cost |