User Account

All Pages

What did you learn about your financial institution

Assignment Help Financial Management
Reference no: EM132054053

10 Things to look for in Your Financial Institution

Who can you trust with your money? How will they treat you? Being able to have quick and easy access to your hard-earned money is very important.

With so many financial institutions competing for your business, it can be difficult to know which one to choose. This assignment will walk you through several characteristics that you should look for in a financial institution.

Step1 :

Analyze your current financial institution, by filling in the chart below

(attached below)

Analyzing Your Financial Institution

Now that you know what characteristics to look for in a financial institution, it is time to take a closer look at the one you currently have.

1. What did you learn about your financial institution? (100-200 words)

2. What are the pros and cons of your financial institution?(100-200 words)

3. Does your financial institution meet your needs? If yes, how does it meet your needs? If no, what is it lacking? (100-200 words)

4. Based on all you've learned, is your financial institution worth keeping? Why? (100-200 words)

Looking Ahead

Throughout this assignment and for most of the modules, you have been looking mainly at your own situation. For this portion of the assignment, you will interview someone that is in a life stage that you might be experience in the future.

Step 1:

1. How are you related to the person you interviewed?

2. Why did you choose this person?

3. What are the differences between his or her life stage and yours?

Step 2:

Ask the interviewee the following questions and write their answer in the box provided.

1. Why did you choose your current financial institution?

2. What 3 characteristics should a financial institution have and why?

3. What are three things that you would change about your current financial institution and why?

4. At your life stage, what are the top 3 things that concern you regarding finances and why?

5. Do you have any advice for me to prepare me for the time when I will be at your life stage?

Step 3:

Reflect on the interview. What are your major takeaways? Did it change your mind regarding your current financial institution? Do you agree with his or her advice? (200-300 words)

Attachment:- Financial Institutions.rar

Reference no: EM132054053

Questions Cloud

Telling us about modern western society : What warnings might the violence of the French Revolution be telling us about modern Western society?
Culmination of the age of reason : Why is the American Constitution viewed by historians as the culmination of the Age of Reason?
What is the labor force participation rate : What is the labor force participation rate? What was the labor force participation rate in 2008? How has it changed since 2008.
Relationship between the us government and economy : Was the relationship between the U.S. government and the economy truly "laissez-faire" during the Gilded Age? Define the concept of laissez-faire.
What did you learn about your financial institution : BA 140 : Who can you trust with your money? How will they treat you? Being able to have quick and easy access to your hard-earned money is very important.
Why is the silk road be afforded as a social system : Why is the Silk Road be afforded as a social system rather than solely a trade route?
Are you a classical or keynesian economist : Are you a Classical or Keynesian economist? Pick a perspective and defend. The response must be typed, single spaced.
What is the value of the stock for you : If your required rate of return is 9.70 percent, what is the value of the stock for you? Should you make the investment?
Powers in the expansion of empires : What were the various goals of the colonial European powers in the expansion of their empires?

Reviews

Write a Review

Financial Management Questions & Answers

  Calculate home currency financing costs for each currency

Calculate home currency (USD) financing costs for each currency for scenario II. Which currency yields a lower cost? BRL EUR Type: M

  What is after-tax disposable income corporation generated

You're a Corporation with an operating income of 30,000. What is the after-tax disposable income the corporation generated for its owners?

  How does this affect your taxes

The two of you paid for both Sarah and Billy’s college tuition for a total of $10,000. How does this affect your taxes?

  Company has higher return on equity

Dupont Analysis: Company A and Company B each had a return on assets (ROA) of 7.5% in 2017. Company A has a higher return on equity (ROE) than Company B.

  Break-even analysis attempts to determine

Break-even analysis attempts to determine:

  What is its self-supporting growth rate

Bannister Legal Services generated $2 million in sales during 2010, and its year-end total assets were $1.5 million. Also, at year-end 2010, current liabilities were $500k, consisting of $200k in notes payable, $200k in accounts payable and $100k in ..

  Expected return in unlevered and levered equity holder

Who would have higher expected return between unlevered equity holder and levered equity holder?

  Determine the amount of each annual payment

On January 1, 2016, you borrow $100,000, at an effective annual interest of 8%. You intend to pay off the loan via annual level amortization payments – however, your first payment will not occur until December 31, 2019. You will make a total of 20 le..

  Determine the break-even quantity for the new procedure

Researchers associated with South Miami Hospital (SMH) developed a new experimental laser treatment for heart patients. Its development team and the physicians who use the laser consider it to be a lifesaving advance. Determine the break-even quantit..

  Traditional fixed-rate mortgage-make payments monthly

You just took out a 15-year traditional fixed-rate mortgage for $400,000 to buy a house. The interest rate is 3.5% (APR) and you have to make payments monthly. How much of your first monthly payment goes towards paying down the outstanding balance (i..

  Established subsidiary in less developed country

Fairfield Corp., a US firm, recently established a subsidiary in a less developed country that consistently experiences an annual inflation rate of 80% or more.

  Installation and fire suppression systems

You have always wanted to own a restaurant and have now decided to go into business, purchase a building, and open an Italian Bistro. You have $150,000 of additional funds to allocate for refurbishing the grounds, building structure, interior design,..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd