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Mrrafil [7]
4 years ago
12

What is the relationship between insurance and successful financial management? Why is insurance important?

Business
2 answers:
Mila [183]4 years ago
4 0
Insurance is important because you are insuring items or things that mean something to you, or to protect others,insurance can help in case any accidents happen and you <span>couldn’t get that item back.</span>
harkovskaia [24]4 years ago
3 0

Successful financial management is the proper use of your money to maximize your income, whether in the financial market or a productive investment such as a trade or factory. Efficient financial management also consists of emergency planning and protection against unexpected situations that could put your assets at risk. Like for example a fire. It is in this sense that insurance is important. Insurance is a contract you make with an insurer to protect your assets if that event occur. For example, if you take out fire insurance, if a fire occurs in your home or business, the insurer will reward what you have lost financially, according to the terms of the contract.

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What role does spirituality and/or faith play in your life? How can you incorporate mindfulness techniques into your day?
Sergio039 [100]

Spirituality acknowledges that there is more to life than what you do on a daily basis. It can help you realise your life's bigger purpose and free you from dependence on material possessions. Meditation, spiritual reading, practising gratitude, spending time in nature, and mindful breathing are some of the attentive strategies I employ to become more spiritual and enhance my lifestyle.

Spirituality is a broad concept that allows for a range of opinions. It typically involves a search for meaning in life and, generally, a sense of connectedness to something bigger than ourselves. Whether our spiritual activities are based in religion, nature, art, or something else entirely, spirituality may be a guiding force because it gives us a reason for being. This guiding light improves our compassion for ourselves and others while also assisting us in achieving serenity, which is one of the many ways it promotes our mental health.

Volunteerism, social duty, optimism, helping others, connection with others, feeling like you belong/are a part of a community, and love of oneself/reason to take care of oneself are a few examples.

Additionally, spirituality can be employed as a coping mechanism for uncertainty or transition. Everyone should make an effort to meditate for at least a minute in the morning. Be open to signs from the universe at all times.

Learn more about Meditation here brainly.com/question/19069324

#SPJ4

4 0
2 years ago
Tony and j.j., age 16, live in a lower socioeconomic neighborhood where there is a high rate of crime. according to research, th
Law Incorporation [45]
The boys are at risk for committing crimes and showing violence. Since they live near and are exposed to this, it is likely that they will see and observe the things around them, making them do this things with the help of the poor environment and with peer pressure and factors that could contribute to this behavior, it would be likely that they are at risk of it.
5 0
3 years ago
When people need money to pay for housing, food, and clothes, what do they look for?
Mariana [72]

Answer:

Government Benefits

Explanation:

it's basically like what a homeless shelter or like a stigmas check

7 0
3 years ago
The Pita Pit borrowed $198,000 on November 1, 2021, and signed a six-month note bearing interest at 12%. Principal and interest
pantera1 [17]

Answer:

$3,960

Explanation:

The Borrowed amount is $198,000 on November 1, 2021.

The interest expense  at December 31, 2021 is calculated as shown below:

I=PRT

R=12%=0.12

P=$198,000

T=2 Months=(2/12) year

I=198,000*0.12*(2/12)

I=$3960

The correct option will be "B. $3,960."

5 0
3 years ago
[PLEASE ANSWER QUICK]
aliina [53]

Answer:

less money. more money if you stay in Brainly or youhappy or youanswers

4 0
3 years ago
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