1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Stels [109]
3 years ago
15

There are four steps in solving one’s personal financial challenges

Business
2 answers:
LUCKY_DIMON [66]3 years ago
7 0

1) having a budget

2) a main concern (not buying unnecessary things)

3) long term thinking (avoiding things you may regret later on)

4) allocate money for savings

katrin [286]3 years ago
7 0

Explanation:

Personal financial challenges are the difficulties that a person face to manage his money. A person manages money to save it for the later use in the future. There are many steps involved in solving one's personal financial challenges. They are as follow:

Write down the expenses.

Allocate budgets for your expenses.

Cut down the spending wisely.

Pay attention to discretionary spending.

There are a lot more steps that can solve the personal financial challenges like you should go to the shopping alone, make a list of things you need and buy only those things, try to always shop from sales and offers, always spare an amount to set it aside to be used in case of emergency, spare some amount for saving which is to be used to do some investment, etc.

You might be interested in
How does competition in a free-market system effect the game of economics?
frez [133]
A free market is where the prices of good ands service are detirmined by the open market and consumers, in which the laws and forces of supply and demand are controlled by government or any other authority.
8 0
3 years ago
You are working on the toll plaza construction phase of the Grand Harbor Tunnel project. You notice that the concrete being pour
Radda [10]

Answer:

Discuss the concerns you have with the supervisor in charge.

Explanation:

It is wrong under the ethics code to ignore a clear sign that an intervention is required be it in business decision making or in this case, construction. It is your obligation to report any abnormality noticed to the supervisor in charge.

4 0
3 years ago
The Benson Bearing Company sells Textron, Inc. a quantity of baseball bats that were stored in an independent warehouse at the t
polet [3.4K]

Answer:

at the time it receives a negotiable warehouse receipt for the bats.

Explanation:

Benson Bearing Company is selling bats to Textron inc. The bats are stored at an independent warehouse not controlled by Benson Company.

Of the contract states that Textron will pick up the bats at the warehouse, the risk of loss passes to Textron when it recieved a negotiable warehouse reciept for the bats.

This is because the warehouse is not controlled by Benson Company and issuing a warehouse reciept is equivalent to delivering the goods to Textron.

7 0
3 years ago
During Year 6, Kincaid, Inc. earned $85,000 of cash revenue. The company incurs all operating expenses on account. The Year 6 be
igomit [66]

Answer:

a.  Amount of operating expenses recognized during the accounting period = Account payable closing balance + Cash payment - Opening balance

= $25,000 + $40,000 - $2,000

= $63,000

b.  Net income earned during the accounting period = Cash revenue - Amount of operating expenses recognized

=  $85,000 - $63,000

= $22,000

C.  Amount of cash flow from operating activities =  Net income + Increase in current liability  

= $22,000 + ($25,000 - $2,000)

= $45,000

6 0
3 years ago
Which of the following is a “DO” regarding scannable resumes
Ratling [72]
Average recruiters eliminates a lot of applicants by scanning their resumes and find some keywords in the resume here are some "DO" things that should be in your resume :
- make it a text based format, don't rely on picture and graph since it cannot be scanned
- AVOID any typos
- do not use text box, since the scanner will categorized as graph

Hope this helps
5 0
3 years ago
Other questions:
  • An information technology director collected the names and locations of key vendors, current hardware configuration, names of te
    14·1 answer
  • The four underlying assumptions of generally accepted accounting principles are economic entity, monetary unit, periodicity, and
    6·1 answer
  • Which of the following includes ideas, innovation, and risk-taking?. . Capital. . Entrepreneurship. . Labor. . Land
    9·1 answer
  • Please help me ASAP.<br> ..............
    10·1 answer
  • Ashley and Benjamin are the sole owners of Super Corporation. Ashley owns 40% of the stock and Benjamin owns 60%. Several years
    13·1 answer
  • How did huey long's plan to limit incomes violate the free enterprise system?
    7·1 answer
  • When bonds are converted into common stock____.
    9·1 answer
  • What do you mean by consistency in accounting ?
    7·2 answers
  • Suppose you win on a scratch‑off lottery ticket and you decide to put all of your $3,500 winnings in the bank. The reserve req
    7·1 answer
  • What are the different elements of working capital and explain actions that Management of a business entity might take to reduce
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!