Benefits about having personal finance

Answers

Answer 1

Answer:

1. It will help you get out of debt

2. It gives you a piece of mind, which is being more smarter than you already are

3. It would help you develop a abundance mindset

4. When you plan with a purpose and manage your money effectively, you will actually have REAL money, if that makes sense

5. You will have higher savings rates for retirement

Explanation:

In my opinion, there are no disadvantages of financial planning.  When you give every dollar a purpose and a mission, your attitude towards money will change and you’ll find yourself becoming more intentional with your decisions.


Related Questions

All of the following shift the demand curve for automobiles to the right except:
a. the local factory gives a big raise to its employees
b. a brand new automobile dealership opens in town
c. the price of gasoline falls
d. none of the above​

Answers

Answer:

b. a brand new automobile dealership opens in town

Explanation:

All of the following shift the demand curve for automobiles to the right except: "a brand new automobile dealership opens in town."

The above statement is true because when a shift in the demand curve moves to the right, there is an increase in the quantity demanded, which can be caused by some factors such as:

increase in income,

growth in the price of a substitute or decrease in the price of a complement.

Hence, considering the available options in the question, the correct answer is " a brand new automobile dealership opens in town."

Select the examples of Buying and Merchandising workplaces. Check all that apply.

warehouses
customers’ offices
grocery stores
clothing stores
offices
theaters

Answers

Answer:

2,3,4,5

Explanation:

...

Answer:

they are correct

Explanation:

A savings account that pays interest every 3 months is said to have a interest period. O A. monthly O B. quarterly O C. semiannual O D. daily​

Answers

Answer:

probly A im not forsure

Explanation:

A savings account that pays interest every 3 months is said to have an interesting period quarterly. Thus the correct option is B.

What is a savings account?

A fundamental kind of financial instrument that enables you to save your money and often earn a tiny bit of interest and utilize it at the time of Your emergency fund or savings for short-term goals is referred as a Savings account.

A savings account is considered to have semi-annual interest if interest is paid every six months. A quarterly fascinating period is said to exist in a savings account that pays interest every three months.

Similarly, A savings account that receives interest payments on a monthly basis is referred to as a monthly saving account, whereas a daily saving account receives interest payments on a daily basis.

Therefore, option B is appropriate.

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Which persuasive appeal do you think is the most effective in advertising? Explain.

Answers

The persuasive strategies used by advertisers who want you to buy their product can be divided into three categories: pathos, logos, and ethos.

What are the steps (in sequence) involved in the consumer decision making process? Briefly explain how the retailer can develop strategies during each step so that the customer favors the retailer

Answers

Answer:

Problem recognition: Recognizes the need for a service or product

Information search: Gathers information

Alternatives evaluation: Weighs choices against comparable alternatives

Purchase decision: Makes actual purchase

Post-purchase evaluation: Reflects on the purchase they made

Explanation:

there are 5 steps in the consumer decision making process.

what language do Bhutan use​

Answers

Dzongkha is the language Bhutan use

The single greatest benefit that capitalism provides is that it enables human choice. Capitalism establishes a social contract that makes it possible for individuals to exercise their franchise and free agency. It gives people the ability to be secure in themselves and their possessions and, having provided security, it enables people to assume risk that they were previously unwilling to assume. It creates the necessary conditions for people to escape poverty and create wealth for themselves and for others. Read a quotation by Roger Butters, a twenty-first-century economist. Both Adam Smith and Butters would agree that capitalism allows the government to help individuals. protects workers from unfair practices. provides individuals with freedom of choice. helps entrepreneurs avoid risk and danger.

Answers

Answer:

provides individuals with freedom of choice.

Explanation:

Adam Smith

is a renowned Scottish economist who wrote "The Wealth of Nations"and established the foundation principles of capitalism.

Capitalism

Is simply defined as an economic system that uses on open competition in a free market, whereby individuals and companies own the means of production and operate for profit.

It gives room for individuals and private businesses to decide most of economic matters. It has led to the development of mercantilism, international trade, rise of the middle class and others.

Benefits of capitalism includes individual freedom is closely related to economic freedom, market economies produce a huge variety of goods and others.

Answer:

The person above me is correct, I just took the test

Explanation:

Trust.

Ferguson Corporation's budgeted sales for the upcoming quarter are $900,000. Its supporting budgets and schedules show a beginning finished goods inventory of $60,000, budgeted cost of goods manufactured of $480,000, and a projected ending finished goods inventory of $40,000. Its selling and administrative budget projects expenses of $250,000, its budgeted interest expense is $10,000, and its tax rate averages 40%. 1. The company's budgeted gross profit for the upcoming quarter is $ . 2. The company's budgeted income before taxes for the upcoming quarter is $ . 3. The company's budgeted income taxes for the upcoming quarter are $ . 4. The company's budgeted net income for the upcoming quarter is $ .

Answers

Answer:

1. $400,000

2. $140,000

3. $56,000

4. $84,000

Explanation:

1. Budgeted gross profit = Budgeted sales - Budgeted COG sold

where, Budgeted COG sold = $480,000 + $60,000 - $40,000 = $500,000

By putting the value, we get

Budgeted gross profit = $900,000 - $500,000

= $400,000

2. Budgeted income before taxes = Budgeted gross profit - selling and administrative expenses - interest expense

= $400,000 - $250,000 - $10,000

= $140,000

3. Budgeted income tax = Budgeted income before taxes × tax rate

= $140,000 × 40%

= $56,000

4. Budgeted net income = Budgeted income before taxes - Budgeted income tax

= $140,000 - $56,000

= $84,000

Can someone PLEASE PLEASE HELP ME WITH THIS!!!!!

Answers

Answer:

1. Consumer.

2. Producer.

3. Transportation.

4. Marketing.

5. Harvesting.

6. Processing.

7. Retail/food service.

Explanation:

Food supply continuum can be defined as a cycle of how livestock (animal products) moves from the producer to the consumers. The main goal of the food supply continuum is to safely provide quality animal products to the consumers.

Basically, the seven (7) steps or segments in the food supply continuum include the following;

1. The segment which is responsible for safe handling of the animal product (beef, pork, lamb) in their homes is the consumer.

2. The producer is responsible for raising a healthy animal.

3. The segment which carries the animal from the farm to the market is transportation.

4. The segment which sells the animal to the packer is marketing.

5. The segment which harvests the animal is harvesting. It involves the slaughtering of the animal.

6. The segment which processes the carcasses into retail cuts is processing.

7. The segment which involves a negotiator is the retail/food service.


Dakota earns $8.70 an hour for 37
Per month
hour week. How much is earned per week?

Answers

Answer:

$321.90

Explanation:

Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these, 4.6 million are working part-time and 15.71 million are working full-time. Assume the Bureau of Labor Statistics (BLS) definitions are used for calculating unemployment data. Among those not working, the most recent job-search activity for 3.20 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently looked for work five weeks ago, and the remaining 9.81 million who do not have jobs have not looked for work in the past six weeks. Round your answers to two decimal places. What is the size of the total labor force

Answers

Answer:

the size of the total labor force is 26.09 million

Explanation:

The computation of the size of the total labor force is shown below:

The Size of the Total labor force is

= Employed + unemployed

= 4.6 million + 15.71 million + 3.20 million + 1.72 million + 0.86 million

= 26.09 million

Hence, the size of the total labor force is 26.09 million

We simply added the employed and unemployed one

The producers of Power Drink promote their drink over Energy Plus Drink in their advertisements. This type of advertisement is referred to as​

Answers

Answer: Competitive advertising

Explanation:

The advertisement above is referred to as a competitive advertisement. Competitive advertising is referred to as a form of advertising whereby a particular business shows that it's superior thdn others who produce identical products.

The producers of Power Drink promoting their drink over Energy Plus Drink in their advertisements is competitive advertising. This is done to influence the choice made by a market and also generate more revenue.

Most string instrument bows are made from _____. Question 10 options: String Yarn Horse Hair Human Hair

Answers

Answer:

horse hair

Explanation:

yes, horse hair! <><><><><><><><><><>

There are four basic sources that multinational companies (MNCs) can tap for positions. These are: A. host-country nationals, third-country nationals, United Nations placements, and International Monetary Fund (IMF) placements. B. home-country nationals, International Monetary Fund (IMF) placements, inpatriates, and multipatriates. C. home-country nationals, host-country nationals, International Monetary Fund (IMF) placements, and multipatriates. D. home-country nationals, host-country nationals, third-country nationals, and inpatriates

Answers

Answer:

D. home-country nationals, host country nationals, third-country nationals, and inpatriates

Explanation:

The four basics sources in which the multinational companies would tap for positions are as follows:

Home country nationals

Host country nationals

Third country nationals

Inpatriates

In this the MNC would be ready for tap for the positions

Therefore the last option is correct

And, the other options would be incorrect

Which plan would most likely NOT help you reach the savings needed for college? ​

Answers

D. Start saving about two months before college begins

William is a 38-year-old computer systems executive. He has come to a point in his life where he is reassessing his ambitions and personal life. He attends professional development conferences regularly and is working on an MBA. Although he eats a low-fat diet and exercises regularly, he works 70-80 hours a week, seldom sees his children except after they are in bed, does not visit his place of worship except on religious holidays, and feels as though his wife is a stranger. William believes that if he can earn just 20 percent more, he can relax because his family will be financially secure.
Refer to Case 17.1. In order to attain a "right livelihood," William needs to
A. get promoted so he can delegate more of his work.
B. lose weight and get in better shape.
C. de-emphasize the spiritual side of his life.
D. make a conscious choice to do so.

Answers

Answer: D. make a conscious choice to do so

Explanation:

Based on the information given, in order to attain a "right livelihood," William needs to make a conscious choice to do so.

Option A is wrong as getting promoted so he can delegate more of his work doesn't guarantee him that he'll relax more and enjoy right livelihood. When he's promoted, he'll have more work and this means that there'll be more responsibility. This will hinder him from enjoying right livelihood.

Option B and C are wrong as well as losing weight and getting in better shape and also de-emphasize the spiritual side of his life doesn't make one enjoy right livelihood.

Option D is the correct answer as he should make a conscious choice to attain the right livelihood and have enough rest that he desires.

Giving brainliest to the best answer :)

Answers

Answer:

B. a brand new automobile dealership opens in town.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal.

Thus, there exist a negative relationship between the quantity of goods demanded and the price of a good i.e when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.

This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.

An aggregate demand curve gives a negative relationship between the aggregate price level for goods or services and the quantity of aggregate output demanded in an economy at a specific period of time.

Most economists use the aggregate demand and aggregate supply model primarily to analyze short-run fluctuations in the economy.

This simply means that, whatever makes the factors of production such as, land, labor, entrepreneurship, capital, or efficiency to either go up or down would certainly result in fluctuations in the economy of a particular country. Similarly, a positive increase of the aggregate demand or supply curve results in a rightward shift while a decrease would cause a leftward shift.

In this scenario, the factors which would shift the demand curve for automobile are;

I. A fall in the price of gasoline.

II. An increase in the amount of money being paid to its workers.

However, the demand curve for automobile wouldn't shift to the right because a brand new automobile dealership opens in town. This is more likely to shift the aggregate supply curve to the right.

Define general banking services offered by financial institutions

Answers

The services most often provided include a variety of checking accounts, saving accounts, certificates of deposit, and loans, including car loans and home mortgages. Additional services may include safe deposit boxes and investment-related services.

Do you think email marketing is more or less effective than more traditional types of marketing?

Answers

I think it's more effective because there's more choices to choose from in email marketing, and it's faster.

employees rarely arrive and leave exactly on the quarter hour so it would make sense to round employee arrival times to the nearest quarter hour?
A. False
B. True
Please be right

Answers

false !!!!!!!!!!!!!!!!!
it is false for sure

Which type of lighting can damage merchandise if directly focused on it?

Answers

Answer:

incandescent bulbs

Explanation:

I had the same question and I got the answer right.

"Incandescent bulbs": the type of lighting that can damage merchandise is directly focused on it.

What is UV Light & How to Combat It?

Radiation with a wavelength longer than the visible range of violet in the spectrum is referred to be ultraviolet light. UV light is frequently produced by the sun. All works on paper, pictures, library and archive collections, museum pieces, leathers, domestic textiles, and collectables are possibly harmed by ultraviolet radiation, as is a skin without sunscreen. In comparison to incandescent light, it is more noticeable in sunshine and fluorescent lighting.

UV-Filtering Materials: These are substances that remove visible light's ultraviolet (UV) rays. The rate of degradation of things and artefacts stored or shown can be decreased by eliminating UV radiation from storage and exhibition spaces. In addition to being used to cover windows or fluorescent light bulbs in museums, UV-filtering material is also readily accessible in the form of acrylic or glass sheets for practical residential uses.

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What type of bank account makes you happy?

Answers

You I love you so much omg hi hi
One where you don’t have to pay fees

You own an office supply store. You purchase desk
lamps at a wholesale cost of $14 each. You use a
markup of 45 percent to determine the selling (retail) price. At the end of the season, you offer a discount
price using a markdown of 20 percent of the selling
price. The discount price for desk lamps is

Answers

Answer:

$16.24

Explanation:

Periodic vs.Perpetual Inventory Accounting Multiple Choice Periodic Inventory Accounting results in a higher Cost of Goods Sold than Perpetual Inventory Accounting Sometimes Periodic Inventory Accounting results in a lower Cost of Goods Sold than Perpetual Inventory Accounting and sometimes Periodic Inventory Accounting results in a higher Cost of Goods Sold than Perpetual Inventory Accounting Periodic Inventory Accounting results in a lower Cost of Goods Sold than Perpetual Inventory Accounting Periodic and Perpetual Inventory Accounting result in the same Cost of Goods Sold

Answers

Answer:

Periodic and Perpetual Inventory Accounting result in the same Cost of Goods Sold.

Explanation:

A periodic system of inventory can be defined as a method of financial accounting, that typically involves updating informations about an inventory on a periodic basis (at specific intervals) as the sales or purchases are being made by the customers, through the use of either an enterprise management software applications or a digitized point-of-sale equipment.

A perpetual inventory system is a type of inventory management that continuously records in real-time the amount of inventory sold or purchased through the use of enterprise software or technological software applications such as a point of sale (POS).

Under a perpetual system of inventory, updates of the journal entry for cost of goods sold or received would include debiting accounts receivable and crediting sales immediately as it is being made or happening. The advantage of the perpetual system of inventory over the periodic system of inventory is that, it ensures the inventory account balance is always accurate provided there are no spoilage, theft etc. Also, the periodic system of inventory is a function of the cost of goods sold.

Hence, both Periodic and Perpetual Inventory Accounting result in the same Cost of Goods Sold.

What would it mean to you and/or your family to be a part of Career Source Tampa Bay's 2021 Summer Job Connection program? What do you hope to take away from the program?

Answers

Answer:

It is job connection program organized by Career Source Tampa Bay for the youths of Hillsborough. It provides a platform for the unemployed youths of Hillsborough to connect themselves to the potential employers by learning new skills and experiences.

Explanation:

Career Source Tampa Bay is organizing a summer youth job connection program for the year 2021 for the youths of the Hillsborough County. It is summer job connection program for the youth who are aged between 16 to 24. It is organized by Career Source Tampa Bay.

It provides an opportunity for the youths and prepare them with skills and know how about the targeted jobs. It introduces them to real work filed and exposes them to new ideas and experiences and the potential career paths for the future jobs.

Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..

Answers

I think A, but I’m not sure.

Answer:

it's A and i searched for you to be sure

Select all that apply Review the following statements and select the ones which accurately describe a Petty Cash fund. Select all answers which apply. Multiple select question. It is established to pay for small payments like postage, shipping fees, etc. It is used to avoid the time and cost of writing checks for small amounts. It is an account used to record small sales amounts. It is an expense reported on the income statement. It is an asset reported on the balance sheet.

Answers

Answer:

It is established to pay for small payments like postage, shipping fees, etc.

It is an asset reported on the balance sheet.

It is used to avoid the time and cost of writing checks for small amounts

Explanation:

A Petty Cash is simply any amount of cash kept on hand and used for making small payments. It is usually placed on the asset account and it account also increases on the debit side and decreases on the credit side.

The Petty Cash fund is set up with the use of the following:

1. Date

2. Debit

3. Credit

4. Source Document

Businesses promote use of Petty Cash funds due to it having some small payments for which writing a check is not time or cost effective. It is increase by replacimg or putting more money back in the petty cash box. Before putting money, an evidence of the fund being put in to the box must be complete.

Answer:

It is established to pay for small payments like low-cost supplies and shipping fees, etc.

It is an asset reported on the balance sheet.

Explanation:

first answer is incorrect

As a student, you are able to earn extra money by assisting your neighbors with odd jobs.
If you charged $13.25 an hour for your assistance, about how many hours would you
need to work to earn $11,425? Show your work.

Answers

Answer:

about 862.26 hours

Explanation:

you just divide 11,425÷13.25 which you can solve on calculator or phone and that's your answer I HOPE IT HELPED

Rich is the highest-paid quarterback in the league, at $5 million per season. Rich is an eight-year pro and has yet to reach the playoffs. Rich's hometown team, the Whalers, are interested in him. If the Whalers sign Rich for $2.5 million per year, how much is the annual "hometown discount" that the Whalers will receive?

Answers

Answer:

$2,500,000

Explanation:

Wilson Co. has three segments -- Tennis, Golf, and Fishing. The Tennis segment is currently producing 2,000 units annually. The units sell for $200 each. The cost of each unit Wilson produces is $110. The Tennis segment spends $100,000 on product design each year. The segment also is allocated $200,000 of annual facility-level costs. Calculate the differential revenue if Wilson Co. were to eliminate the Tennis segment. Multiple choice question. $200,000 $400,000 $100,000 $180,000

Answers

Answer:

$400,000

Explanation:

Calculation to determine the differential revenue if Wilson Co. were to eliminate the Tennis segment

Differential revenue= $200x2,000 units

Differential revenue= $400,000

Therefore the differential revenue if Wilson Co. were to eliminate the Tennis segment will be $400,000

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