Help With My Mounting Finances
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|Arbitrage||Cost of Capital||Financial Markets and Institutes||Public Finance|
|Australian Taxation||Credit and Inventory Management||Hedging||Ratio Analysis|
|Behavioural Finance||Derivatives||Insurance||Risk and Return|
|Bond Valuation||Entrepreneurial Finance||International Flow of Funds||Risk Management Technique|
|Business Valuation and Finance||Exchange Rates||Investment Analysis & Portfolio Mgmt||Stock Valuation|
|Capital Structure||Forex||Mergers & Acquisitions||Time Value of Money|
|Cash and Liquidity Management||Forwards||Options||Working Capital Management|
|US Taxation||Futures||Personal Finance|
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Finance involves budget and currency control, equity funds and others to invest for profit. It includes private monetary institutions and governments, including banks, investments, assets, loans, debt, and so on. This is a fundamental subcomponent of the financial research. Among them are three different types you need to know:
This includes government establishments banking, taxation, public funding, grants, service charges and more. All these are subjected to states or country’s economy. While working on this particular topic, it can get quite complicated. In those times, take help from an expert for finance homework.
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It refers to personal debt, stock, shares and assets. This depends on the income of a person and standard of living. Personal finances are also related to pension plans and policies.This has to do with business, equity, investment and provision of loans. This is an interesting part that involves a very complicated time. To ensure a clear understanding of these issues, it is important for one to be guided appropriately.
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Help with My Finance Homework
Finance is the study that acknowledges about how to handle financial section investment, purchasing and liabilities. It indicates how to make suitable money management for own or for business.
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What is finance?
The most appropriate answer is the study or knowledge of money management. In a company, house or in various government sectors, it becomes very essential to manage money.
In a specific time investment of a company or individuals of its assets and exact liabilities of that give a proper support or sometimes uncertainty.Fundamental values, assets, and value of return value gives the exact outcome of allocation.
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There are various areas where you will get that how monetary is important. These are —
The most important things in a corporate section is its capital. Assets, liabilities, and owner’s equity are also very much essential part and completely related directly or indirectly with capital.
Business valuation is done in a specific period to know the growth of a company. Financial modeling, on the basis of capital budgeting, gives the right way to explain a company’s monitory section.
Financial services come under this.
In this part, the people manage their money in a various ways. They need some loans and they pay that with interest. So, the steps also resembles in a same manner, but in a small scale of money than corporate section. Paying for goods, education, retirement plan, purchasing of insurance and many other financial activities come under this.
Those finances which are relevant to the sub-national entities and areas of sobering states along with municipalities, school districts etc. Municipal bonds, budgeting process, Debt Issuance, entity revenue’s sources are the prime thing that public finance work with.
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There are prime six areas and these are —
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Capital is the most important part in Finance
- Beginning Cash-balance
- Cash disbursement
- Cash collection
- Cash Deficiency
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What are the various financial theories?
These are —
- Financial Economics
- Financial mathematics
- Experimental Finance
- Behavioral Finance
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Учет финансов в Android, часть 2
Предыдущая часть: Учет финансов в Android, часть 1
- Личный финансовый менеджер (Finance PM)
Также будут упомянуты:
- Expense Manager
- Toshl Finance Budget & Expense
- Rise Money Free
Личный финансовый менеджер (Finance PM)
Finance PM — менеджер доходов и расходов, на этот раз белорусского разработчика. Позволяет управлять несколькими счетами в любой валюте.
Принцип работы приложения не отличается от подобных ему: пользователь фиксирует исходящие и входящие операции — доходы, расходы, переводы.
Впоследствии доступна сводная операция, включая текущий баланс, а также тенденции: например, близок ли баланс к перерасходу и т. д. Таким образом, вполне наглядно отслеживаются финансовые операции.
Нужно отметить, что интерфейс Finance PM малоинформативен, через главный экран недоступны никакие другие детальные сведения, помимо текущего баланса. Имеется, впрочем, детальная и гибко сегментируемая статистика: возможны контроль по категориям, отчетному периоду, сравнение доходов и расходов. Рядом с круговой диаграммой — распределение трат в процентном соотношении.
Для большего удобства при управлении, пользователь может вручную создавать категории доходов и расходов. Некоторые операции можно запланировать (это могут быть периодические / повторяющиеся транзакции) или настроить для них уведомления (например, для своевременного возврата долга).
Еще одна отличительная особенность приложения — создание операций по шаблонам. В каждом шаблоне могут быть сохранены определенные установки, что делает в дальнейшем ввод операций ускоренным. Шаблон содержит в себе тип операции, кошелек, сумму перевода и описание.Остановимся на других отличительных моментах приложения. Менеджер Finance PM поддерживает синхронизацию между несколькими устройствами и предоставляет веб-интерфейс (на русском и английском языках).
Через него доступно полноценное управление — можно фиксировать транзакции, наравне с мобильной версией приложения. Веб-интерфейс может быть полезен в случае, если телефона рядом нет либо в той ситуации, когда вводить данные через браузер удобней.
Доступен сервис по адресу http://finance.uramaks.com/.
Резюме. Приложение Finance PM подходит для управления транзакциями и контроля запланированными операциями. От других подобных менеджеров отличается общедоступностью (синхронизация + веб-интерфейс), а также возможностью создания операций из шаблонов. Из замеченных недостатков — главный экран не предоставляет, в полной мере, сводную статистику по финансам.
CoinKeeper — относительно простой менеджер, с интуитивным интерфейсом, и это одна из главных его особенностей. Плюс ко всему, доступны подсказки и вводная инструкция по базовым функциям менеджера.
К достоинствам интерфейса можно отнести то, что он выполняет также значимую функциональную роль: например, можно настроить главный экран под свои нужды, перетаскивать элементы из одной категории в другую, менять порядок.
При первом запуске CoinKeeper, предлагается создать профиль и выбрать режим планирования расходов. Имеется два режима: ручной или планирование расходов программой.
Управление доходами и расходами осуществляется при выборе необходимой категории. В верхней строке — источники доходов, далее — счет и расходы, в нижней строке — цели. Здесь можно назначить определенную финансовую цель, о приближении к которой будет сигнализировать строка прогресса в нижней части экрана. Фон иконок категорий также изменятся, во время сигнализируя о перерасходе.
Статистика менеджера, опять же, не слишком детальна. Она включает в себя панель в нижней части на главной странице CoinKeeper, а также сведения в соответствующем разделе «Статистика». В виде круговой диаграммы и процентного соотношения можно просмотреть расходы на определенные категории, а также динамику расходов и доходов.
При управлении транзакциями возникают трудности с различными видами валюты. Хотя в настройках приложения и можно выбрать желаемый формат для использования по умолчанию, однако конвертируется он неясным образом. При этом, нельзя самостоятельно указать тип валюты для отдельного счета.
Данные, используемые CoinKeeper, могут храниться в облаке и синхронизируются с другими устройствами. Экспорт доступен только в платной версии приложения. В бесплатной версии CoinKeeper (без активной подписки) действуют и другие ограничения: нельзя указать источники доходов, выбрать период отчетности.
Резюме. В принципе, CoinKeeper можно использовать не только для индивидуального, но и семейного учета расходов, как об этом сказано в официальном описании на Google Play.
Этому способствуют синхронизация, облачное хранение и простой интерфейс.
С другой стороны, есть проблемы с денежными форматами, и в текущей версии приложения не очень понятно, как вести учет расходов в нескольких валютах.
Count — удобный учет финансов
Count — сравнительно молодое приложение от отечественных разработчиков. Его инструментарий предлагает всестороннее планирование бюджета. Приложение бесплатно, однако имеет ограничения: пользователь может совершить до 50 транзакций в месяц. Для снятия лимита необходимо приобрести пакет Count+.
Главный экран содержит сводную информацию. Ее, в большинстве случаев, достаточно для того, чтобы не переходить в другие разделы для ознакомления со статистикой за день. Кроме того, на главном экране удобно отслеживать как общую статистику, так и по определенным категориям. Доступны среднесуточные показатели, что позволяет выявить закономерность в расходах и спланировать бюджет.
На главной же странице Count пользователю доступны курсы валют и график. Нет проблем с конвертацией и онлайн-синхронизацией, как в некоторых приложениях в предыдущей части и текущем обзоре (где данные функции либо не работали, либо предлагались неочевидные методы конвертации).
На этой же панели, если ее прокрутить, можно просмотреть информацию по бюджетам и долгам. В нижней части экрана — операции со счетами. При создании новой транзакции указывается ее тип: доход, расход или перевод. К каждой записи можно добавить фото, гео-метку, хэштэги и назначить комиссию. Для автоматизации, можно задать периодичность платежей.
На домашний экран можно вынести виджеты Count. В наличии два типа виджетов: соответственно, для ввода и отображения статистики по балансу.В разделе «Финансовый отчет» можно просматривать историю операций, статистику по доходам и расходам, раздельно друг от друга, с заданным периодом отчетности. Имеется два варианта отображения: в виде графика и диаграммы.
Возможен импорт данных из других приложений: собственно Count, CoinKeeper, MoneyWiz и MoneyIQ. Из онлайн-функций можно отметить синхронизацию между устройствами (посредством социальных сетей). На текущий момент приложение доступно только для платформы Android, но, согласно информации на официальном сайте разработчиков, в ближайшее время планируется полноценная веб-версия сервиса.
Резюме. Count — интересное по своей функциональности приложение. Отличается информативностью и удобным вводом данных. Можно детализировать транзакции, вести учет долгов, просматривать детальную статистику и т. д. В идеале, ожидалось бы видеть Count с полноценной привязкой к веб-сервису, а также увеличенный лимит по транзакциям.
«Расходы» — один из наиболее простых представителей в своей категории. По большому счету, все функции сосредоточены на управлении расходами (собственно, о чем и говорит название программы), и здесь нельзя управлять счетами и планировать бюджет.
На главной странице доступны категории расходов, где, соответственно, можно указать необходимую и ввести сумму. Предварительно несложно создать собственную категорию или изменить существующий порядок. Теги, наравне с категориями, служат для более гибкого управления расходами и последующей сегментации при анализе статистики.
Should you manage money jointly or separately?
Managing your money together when you’re in a serious relationship can be tricky – find out how to plan your joint finances and avoid headaches and arguments over money.
There’s no ‘one size fits all’ approach
You can use our free Budget planner to get an idea of how much money you and your partner have coming in and out.
How you manage your finances will depend on your attitudes to money.
You might find some areas where you’re happy to share the responsibility, but others where you need to reach a compromise.
Before you get started, try to understand each other’s approach and attitude to money.
This will help you find areas where you agree – and disagree – so you can spot potential problems before they happen.
Be wary of joint finances if one of you has a poor credit history
Living with, or being married to someone with a bad credit score won’t affect yours.
However, as soon as you open a joint bank account or take out a mortgage together, your credit rating could be affected.
For example, you will be ‘co-scored’ if you apply for credit. It’s a good idea for both of you to check your credit rating before combining your finances.
Find out How to check your credit report.
Trust and fairness
When you open a joint bank account you’ll both be responsible for any debt or overdrafts, so it’s vital that you trust each other.
You need to be clear on what you consider to be a fair contribution and stick to it.
Remember to review any agreements if something changes. For example, if one of you changes job, or if you have children.Be clear from the very start about what you expect. Try setting a spending limit, so anything above that amount will need a joint decision before you buy it.
Make sure you’re upfront about how much independence you’ll both have. That way you both know where you stand and won’t need to argue over any disagreements. Have a plan for if things go wrong and don’t be afraid to write it down if you think that will make it easier to stick to.
Make sure you are equal partners
Avoid a situation where only one of you understands your finances.
No matter how uninterested one of you might be in managing money, allowing one partner to control all the joint finances is bad for both of you.
A mutual understanding means you’ll both know what you can and can’t afford and that if something were to happen to one of you, the other would have an idea of their financial affairs.
Talk to your spouse or partner about money
It’s important to know exactly what’s happening with your money as a couple, so discuss your finances with your partner regularly and openly. This will help you both stay involved with household finances, manage your money responsibly and deal with any issues together.
It’s up to you how you manage your money when you’re in a relationship. Generally, there are four main ways you can do it:
- keep separate accounts
- share and manage everything as a couple
- the main earner pays their partner an ‘allowance’
- share some responsibilities but keep some things private.
You can find more information on how each method works below, but remember you’ll need to think carefully about which best suits your situation.
Keeping your money totally separate
If you don’t have a joint account, you’ll both keep your earnings separate.
Any bills you share the rent or mortgage need to be split on a case-by-case basis.
Here are a few ways to make sure you stay on top of your money when you’re managing it separately:
- Plan everything and communicate regularly: That way you’ll always know what’s coming in and going out.
- Decide how to split the bills: Whether it’s 50/50, or another way, you need to be clear on how you’ll split the responsibility.
- Think about your partner when making spending decisions: You’ll be sharing the responsibility so make sure you’re not spending too much, otherwise your partner will need to make up any difference to pay the bills.
Sharing everything in a joint account
You can combine all your income into a single pot and use this for all your expenses from small, everyday things to paying the rent, mortgage and bills.
This can make budgeting a lot easier, but you’ll need a joint account for it to work smoothly.
That way, you’ll both have control over the money and you’ll both be able to see what the other person is spending.
Here are a few ways to make sure sharing everything works well for you:
- Make sure you have similar spending patterns, habits and behaviours – otherwise you’ll disagree and start arguing about money.
- Agree a spending threshold between you – if you want to pay for something more expensive than the threshold, you’ll both need to agree to avoid an argument.
Dividing it up into mine, yours and ours
When you’re sharing responsibility for finances, a compromise could be the best way to go.
You can open a joint account to take care of the bills, but keep your own accounts to pay for the things you individually want.
It’s a great way to make budgeting easier and keep some independence and privacy.
Here are a few things to think about when you’re deciding how to share the responsibility:
- Decide which bills to pay from the joint account.
- Settle on a contribution to pay into the joint account each month, whether it’s 50/50 or related to the size of your income.
- Think about your spending patterns, habits and behaviours and agree what’s acceptable to both of you so you can avoid disagreements and arguments over money.
Main earner pays partner an allowance
If one of you isn’t earning, or earning less than the other, you could both keep separate accounts and have the main earner pay their partner an allowance.
The main earner can transfer an agreed amount each week or month to their partner’s account.
You can both decide whether the amount that is transferred is money for household bills and spending money, or just personal spending money.
There are a few things to discuss before going down this route:
- Make sure you both feel comfortable with the idea.
- The allowance should not be seen as a ‘favour’ – if one partner is looking after the kids, or working as a carer – that’s a job too.
- Talk about all types of expenditure that needs to be covered by the allowance and make sure the monthly or weekly amount is enough.
Sharing an account is a big step, so it could be a good idea to test the water before you go all the way and share everything.
Try opening a joint account with no overdraft facility and both contribute a small amount each month.
Use the money to share the responsibility for one or two household bills to see how you get on.
After a few months, sit down and discuss it to see if it’s working well. If it is, you can increase your contributions and start sharing more of the responsibility.
If you’ve got a lot of money in savings, you might want to open a joint savings account where you’ll both need to agree before any money can be taken out.
This is a good safeguard against one person dipping into the savings without discussing it with the other first.
Find out more about Joint accounts.
When Universal Credit is rolled out, how you receive benefits will change and you’ll have to decide whether having a joint account is best for your household.
Read more in Joint Universal Credit payments for couples.
What if your partner is spending too much money?
If your spouse or partner is spending more money than you can afford, it’s vital to talk to each other. Sticking your head in the sand won’t make the problem go away.
You can find tips on talking to your partner about money on the Relate website.
If talking just ends in arguments (and relationship problems can often be one of the causes of overspending), you’ll need help from:
- an adviser,
- a debt counsellor; or
- a relationship counsellor.
Protecting yourself and your family
There might come a time when you simply can’t see a light at the end of the tunnel.
If that’s the case, you need to protect yourself and the rest of the family from the problems created by the over-spending.
Avoid joint debt
If you have any joint debts, remember that both of you are liable for repaying them in full.
If your partner doesn’t pay their share, you’ll still be liable.
So don’t agree to new joint debts unless you are entirely happy with the arrangement.
In particular don’t agree to debts secured on your home.
Although credit cards can’t be ‘joint’, it’s common to have a main cardholder and additional authorised users.When an authorised user runs up an unmanageable bill, it’s still the responsibility of the main cardholder to pay.
So if your partner is an authorised user on your card, consider cancelling the authorisation.
Being financially linked with someone else can affect your credit rating and might make it difficult for you to get new credit.
If you can, avoid joint bank accounts, joint loans and joint bills until your partner’s credit situation improves.
Find out more
Learn how to Take action to reduce or avoid debt.
9 Practical Steps to Solve Your Financial Problems Without an Ivy League Education
When you’re worried about your debts and you’re trying to decide on the best way to solve your financial problems, many people start to wonder if they missed something as they went through school. As adults we’re expected to know how to manage our money properly.
However, either a lot of people skipped that class, or maybe it was never offered. The good news is that you don’t need a degree from an ivy-league university to help you solve financial problems.
Here are 9 steps and 8 self-study assignments, some catch-up homework if you will, from the school of common cents that you can challenge yourself with if you want to solve your money and debt problems:
1. Live on Cash for 2 Weeks
When is the last time you only used cash to pay for your purchases? Debit and credit cards help many people develop bad money habits and the fine line between what they can afford to pay for and what they can afford payments on blurs. With cash, it’s very easy to tell if you can afford to pay for something or not.
Your first assignment is to put all of your cards away for at least 2 weeks. When you need to buy something, you’re only allowed to use cash. After 2 weeks, if you’ve managed to do it, give yourself a passing grade.
2. Increase Your Spending Awareness
Consider what you learned about your spending habits by only using cash. Was it easier or harder to part with cash than plastic? Did you only buy things you needed, or was there also enough money to buy something that you wanted? How much did you have left at the end?
Some studies have found that people spend as much as 15% more per purchase when they use plastic instead of cash. Spending more on every purchase adds up over the years, and if you want debt solutions that last for life, be aware of how you spend your money.
3. Find Out Where Your Money Goes – Track Your Spending for 2 Weeks
Where does it all go? Every pay day there’s money in our bank account, but it never seems to last long enough.
Your second assignment is to track your spending for at least 2 weeks. In a little notebook, or by using an app, software or our Expense Tracker, make a note of where you’re spending your money.
You might want to track what you spend on certain types of expenses, e.g. coffee or drinks out, or maybe tracking what you spend in certain stores is easier.
Either way, to pass this assignment, you need to have at least 2 weeks’ worth of spending information jotted down.
4. Create a Spending Plan or a Budget to Solve and Prevent Financial Problems
Creating a monthly plan for your spending is one of the smartest things you can do for your finances, yet it’s the most overlooked solution to most people’s financial problems. Having a spending plan or a budget (the technical name for a monthly spending plan) makes life so much easier because you’ve given yourself a guide to decide how you want to spend your money.
Ironically, it’s also one of the things that you’ll ly never learn in a class at Cambridge or Harvard. Not to pick on these universities though; most schools don’t teach students how to create a budget. So to help with this lack of training, your third assignment is to outline your budget.If you’ve never created a household budget that works, here is a personal budget workbook to get you started or you can try out this interactive budgeting resource that guides you through the whole process. A budget real numbers sets you up for success, so use what you learned when you tracked your spending.
If there’s an expense you want to cut your budget, start by reducing it by half. This will tell you if you can stick it out for the long term. If you can make having a budget part of your life, you’ll know that you’ve passed this assignment successfully!
5. Find a Replacement for One Large Expense in Your Monthly Budget
Cutting out an expense or changing a habit is easier if you replace it with something else. For instance, if you want to quit buying expensive coffee on your way to work, plan how you can replace this habit with a new one.
You might buy yourself a new travel cup and purchase some coffee that you enjoy drinking (and can make at home!). Then change your routine so that you’re not tempted to stop for coffee anyways, e.g. travel a different route to work.
Your fourth assignment is to find one expense that’s taking a real bite your budget and find replacement solutions. Cutting back on coffee is just one example.
What about your entertainment costs, quitting smoking or scaling back what you spend on hobbies and recreational activities? You’ll know that you’ve passed this assignment when all of your bills are paid up to date and you’ve got a little extra left in your bank account.
6. Identify Expenses You Can Reduce
Over the next month, identify areas of your budget that need some special attention. Look for ways to decrease your spending with your utilities. Do your laundry with cold water instead of hot; turn the heat down and the lights off when you’re not home. If you have a home phone as well as a cell phone, decide if you need both. Routines can be hard habits to break.
Also identify products or services you no longer need but which you’re still paying for. Many people simply let their bundled services renew from month to month, even when their needs have changed.This might be because they’re too busy to look at their bills carefully, but taking the time to go through your bills line by line and calling the companies to make changes to service plans, or cancel services altogether, can find a lot of hidden cash.
If you haven’t guessed it yet, your fifth assignment is to identify what expenses you can reduce and then create the plan to follow through with your changes. If you’re not sure where to start, here’s a list of our most popular money saving tips. You’ll know you’ve passed this assignment when your bills get a little smaller.
7. Create a Plan to Pay Off Your Debt
Everybody has some, so is it really that big a deal? Yes, it can be.
If you have debt that has slowly accumulated over a number of years, you need realistic debt solutions that work for your life style, not quick fixes that you can’t live with for the long term.
At some point interest rates will start going up and eventually your income will ly decrease when you retire. When either of these things happens, if you have relied on credit to make ends meet, you will find yourself facing some tough choices.
Dealing with debt sooner than later leaves you with more options. That said, many people delay getting debt help because they’re either embarrassed or don’t know where to turn. Here are some of our very best tips to help you deal with your debt.
Use these tips to help complete assignment six – create a plan to pay your debts off, but also maintain a reasonable standard of living.
You will only be able to pass this assignment if your plan is realistic and you draw on what you learned in the other five assignments.
8. Get Help with Your Debts & Your Budget – How to Find Financial Help that Will Work for You
If you need help dealing with your debts and finances, don’t be afraid to ask.
Assignment seven is optional but will earn you a bonus if you choose to complete it. Seek out professional, objective advice from a reputable non-profit credit counselling organization for a second look at your budget and your plan to deal with your debts.
You’ll know you’ve passed this assignment when you come away with additional insight about what you can do to deal with your debts more effectively and implement your budget realistically.
Any good solution takes time to follow through with – your debt didn’t happen over night; it will ly take as much time as getting a degree from an ivy league university to pay it off.
9. Educate Yourself
Last but not least, one of the best things any high level university could instill in its students is the desire to learn more. Any degree of learning from our mistakes is worthwhile, especially when we’re educating ourselves about how to manage our money and debt better.
Your final assignment is to keep learning. Take on more challenges or homework from the school of common cents. Life skills that further develop your new money habits will keep you on track with your budget, help you avoid financial problems, and help you plan for your future successfully. And that’s a graduation worth celebrating!
The 5 Most Important Things a University Grad Can Do for Their Finances