Why is it important to know how money and emotions affect each other?

1 answer:

8 0

Thinking about money for some of us (including myself) creates very emotional responses. Some emotions are happiness, sadness, guilt, fear and many others. You've heard the saying "money doesn't buy happiness", but what it does buy is a trip to Hawaii for myself and a college education for my daughter. For me, that's a great happiness start. Since this is not the emotion I usually have around money I knew that it was time to do something about it. As an entrepreneur, it becomes a vicious cycle of being happy when I have money and being not happy when I don't. In between those two emotions also live guilt, fear, frustration and sometimes anger. It's time for me to change my conscious shift when it comes to money, but where do I start? I sat down with Holly Signorelli who has always had wonderful and enlightening tips on this subject. Here is our conversation (and some great tips) on how to balance your emotions regarding money

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<h3>What is the value of the designer brand?</h3>

The value of the designer brand can be determined using the two-stage FCF growth model.

FCF each year from year 1 to 10 = $550,000

FCF from year 11 = ($550,000 x 1.01) / (0.04 - 0.01) = $18,516,666.67

The present value of the FCF would be determined next:

($550,000 / 1.04) + ($550,000 / 1.04^2) + ($550,000 / 1.04^3) + ($550,000 / 1.04^4) + ($550,000 / 1.04^5) + ($550,000 / 1.04^6) + ($550,000 / 1.04^7) + ($550,000 / 1.04^8) + ($550,000 / 1.04^9) + ($550,000 / 1.04^10) + ( $18,516,666.67 / 1.04^10) = $16,970,189.21

To learn more about FCF, please check: brainly.com/question/8058024

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