User Account

All Pages

systems and subsystems, Finance Basics

Assignment Help:
SCENARIO

You have just moved out of home and have a part-time job that pays you $18 per hour after tax (you work 20 hours a week). You also have $5000 in a savings account. You have found a share house where you pay $70 per week to share with 3 other people (total rent is $280 per week). The house has 4 bedrooms and 2 bathrooms.


REQUIREMENTS

1. Outline your character and housemates. Explain the job you have, and any connection you have with support systems (e.g. – church, family, clubs, etc.).

2. Develop a Personal Financial Plan (budget) based on the scenario given. This plan must include a realistic personal budget that aims to satisfy your goal of providing long-term financial security for yourself. Remember to estimate living costs.

3. Outline a job roster for the household. Assume that all housemates are available from 6pm onwards each evening.

4. Find (online or from a bank) a savings plan that suits your situation. Explain WHY you have chosen it, using the guidelines from the textbook.

5. Find a vehicle to purchase (must have the advertisement to include in your assignment). Explain why this vehicle is appropriate, and research the associated costs (e.g. – registration, insurance, etc.).

This is a student-based inquiry. Present your findings in one of the following formats:

- An essay or report.

Related Discussions:- systems and subsystems

Financial markets, main function of the insurance market

main function of the insurance market

Weaknesses of wacc as discounting rate, Weaknesses of WACC as Discounting R...

Weaknesses of WACC as Discounting Rate WACC/Overall cost of capital has the following problems like a discounting rate as:  It can simply be used as a discounting

Advantage of leasing an asset, Advantage of Leasing an Asset 1. ...

Advantage of Leasing an Asset 1. The company has the choice to purchase assets on the expiry of the lease period at that time it will identify the viability of the asset

Merchant banks - banking institution, Merchant Banks - Banking Institution ...

Merchant Banks - Banking Institution Merchant Banks begun life as merchants and begun to control in financial firms, during the 19 th Century . The merchant banks act like a

Example of replacement of assets, Example of Replacement of Assets Est...

Example of Replacement of Assets Estate Developers purchased a machine five years ago on a cost of £7,500.  The machine had a probable economic life of 15 years at the moment

Lock-box system, Lock-Box System In a lock-box system, the customer se...

Lock-Box System In a lock-box system, the customer sent the payments to a post office box. The post office box is emptied with the firm's bank at minimum once or twice all bus

Explain about the functions of financial systems, Explain about the functio...

Explain about the functions of financial systems. Financial systems perform the necessary economic function of channelling funds through units who have stored surplus funds to

How to make smart investment, How to make smart investment

How to make smart investment

Prepare a cash flow statement , Q1.  A local delivery company has purchased...

Q1.  A local delivery company has purchased a delivery truck for $15,000.  The truck will be depreciated under MACRS as a five year property.  The trucks market value (salvage valu

Fixed Exchange vs Flexible Exchange Rate, Critize the flexible exchange rat...

Critize the flexible exchange rate regime from the viewpoint of the proponents of the fixed exchange rate regime

Write Your Message!

Captcha
Order Assignment

Featured Services

Order Now

Popular Subjects

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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