North Carolina State University Personal Finance Planning Discussion

User Generated

Genivfzna

Business Finance

North Carolina State University

Description

1. Discussion forum 5 - wk 7


Please watch the video and discuss your thoughts with your personal finance planning and what you learned from the talk. (Click the link and go to video if you cannot get it here)

Instructions:

  • Please make an initial post before Thursday midnight.
  • You are asked to comment on one of your classmates.
  • Also respond to the comments made on your initial post.
  • The more you post, and the better quality of your posts, the higher your score.

2. Discussion Forum 4

You must post an original discussion post before you will be able to view any other posts.

From your experiences, describe 1) an instance when poor communication made a situation bad or worse and 2) an instance when good communication made a situation better. Without revealing personal information, be as descriptive as possible, telling what was going on and how the situation was made bad/worse and better, respectively. Finally, discuss what could have been done to make the poor communication better. Your original post (3 points) is due by 11:59 PM on Saturday of Week 7. Your reply to, at least, two peers' original posts (1 point each) is due by 11:59 PM on Monday, of Week 8.

Let me know if you have any questions. Can you do this for $20 this week. this is all I have?

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Explanation & Answer

Attached. Please let me know if you have any questions or need revisions.

Running head: FINANCIAL PLANNING

1

Discussion
Name
Institution

FINANCIAL PLANNING

2
Discussion forum 5-wk 7

Creating effective financial plans helps me set short and long-term life goals vital in
mapping out my financial future. Financial planning has been a crucial tool that has made it
easier for me while making financial decisions that ensures that I stay on track towards achieving
my goals. I am good at maximizing the existing funds and the largest share of earnings used to
save. However, there was a time when I had problems in managing my finances in college and
did not do my saving or do some investments. My job ended, and I struggled to pay my bills,
which made me stress that my performance was affected and my health life. However, I attended
workshops and got a financial planner to help me understand the financial language.
I had the notion that proper budgeting, saving, and spending less is significant in
increasing financial stability; however, the speaker from the video file changed my perception.
The speaker is very inspiring, and her views and beliefs on making money are encouraging and
worth a trial. The speaker provides that we should understand how to make more money and
become successful. According to the speaker, financial literacy is supposed to help us on how we
can make more money; however, it uses the same old phrases that we are used to, like budgeting,
saving, and spending less. Budgeting, spending less, and saving are essential skills that help us
preserve what we already have but do not allow us to make more (Potter 2017).
The speaker provides that the ability to m...


Anonymous
Excellent resource! Really helped me get the gist of things.

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