Description
I need assistance with the following paper.
MONEY MANAGEMENT PAPER
**Please follow the Money Management Rubric when completing this assignment**
INSTRUCTIONS:
Research a topic, write a 2-page Report with a Bibliography page following the below specifications:
FORMAT
2-pages typed document Double-spaced Times New Roman or ArialFont size – 12 Margins – 1 inch
PAPER IDENTIFICATION
Student Name
OST 1581 Ref #3860
Topic/Title
SUGGESTED TOPICS
Banking/Credit Union - (checking or savings accounts, money markets, CD’s)Investments - (stocks, bonds, mutual funds, stock exchanges)Budgeting - (credit management, credit rating)Loans - (home mortgage, automobile, personal)Insurance Planning – (life, homeowners, automobile)Income Tax Planning Retirement Planning (IRA’s, Roth, Tax sheltered annuities)Estate Planning BIBLIOGRAPHY MLA or APA style SOURCES Internet, newspapers, periodicals, book, etc. Personal comments can be made within the paper, but not the entire paper. This is a Report that requires documented proof of where the information is taken from. Paper must include 2-3 cited references within the document.Papers will be checked for appropriate title, the ability to conduct research and put information together in a logical and concise written report; proficiency in Word, including the ability to correctly site sources. Papers will also be checked for grammar and spelling.
Rubric Guideline for Money Management Project
OST 1581 MONEY MANAGEMENT RESEARCH PAPER |
EXCELLENT |
AVERAGE |
POOR |
Demonstrate the ability to select an appropriate Money Management topic. |
Research Topic directly related to Money Management |
Research Topic indirectly related to Money Management |
Research Topic not related to Money Management |
Demonstrate ability to conduct research via Internet, magazine articles, and other resources and put information together in a logical and concise written report. |
The paper is clearly written and research topic is fully investigated |
The paper is either not clearly written or research topic is not fully investigated |
The paper is not clearly written and research topic is not fully investigated |
Demonstrate proficiency in MS Word, including the ability to cite sources in MLA/APA style. |
The paper is formatted according to instructions and sources are cited correctly |
The paper is either not formatted according to instructions or sources are not cited correctly |
The paper is not formatted according to instructions and sources are not cited correctly |
Demonstrate grammatical and format proficiency in written business documents including business letters, emails, and reports. |
The paper is written in complete sentences using correct spelling, grammar, punctuation, and sentence structure |
The paper is missing no more than two of the following criteria: written in complete sentences, used correct spelling, grammar, punctuation, and sentence structure |
The paper is missing more than two of the following criteria: written in complete sentences, used correct spelling, grammar, punctuation, and sentence structure |
Demonstrate ability to follow the identification/due date instructions. |
The paper is identified correctly and submitted on time |
The paper is either not identified correctly or not submitted on time |
The paper is not identified correctly and not submitted on time |
Explanation & Answer
Attached.
1
Money management outline
Budgeting
•
Introduction to budgeting
Budgeting as a tool of money management
Approaches to budgeting
•
Top-down budgeting
•
Bottom-up budgeting
Budgeting and credit management
•
Good financial health
Significance of budgeting in money management
•
Planning
•
Controlling
•
Monitoring
•
Tracking
•
Motivating
Conclusion
References
BUDGETING
2
Ksendzova, M., Donnelly, G. E., & Howell, R. T. (2017). A brief money management scale and
its associations with personality, financial health, and hypothetical debt
repayment. Journal of Financial Counseling and Planning, 28(1), 62-75.
Miller, G. (2018). Performance based budgeting. Routledge.
Pandey, I. M. (2015). Essentials of Financial Management, 4th Edtion. Vikas publishing house.
Running head: BUDGETING
1
Budgeting
Name
Institutional Affiliation
BUDGETING
2
Budgeting
Budgeting is a quantified monetary plan designed prior to the predetermine time period
with a goal of achieving a given objective. It is the process of developing financial goals,
controlling income, monitoring expenditure, and projecting future financial needs. Notably,
budgeting involves designing a plan on how to ut...