How does finance impact your personal life


Complete the assignment:

Assignment 1

Introduce yourself - you can share your educational and future career plans, discuss hobbies, pets, etc.

Thinking about what you already know about finance, how does finance impact your personal life?

Explain one type of business that needs a financial manager and their function in that business.

What can companies do to make the item(s) (more) appealing to a consumer? How do the 4Ps come into play in this environment?

Assignment 2

If you were given $100,000 to invest in financial assets, what would your portfolio look like? Why?

Assignment 3

How can you utilize financial ratios in your personal finances? Why are they important?

Why is it important for banking institutions to understand the different financial ratios? How could this impact you as a customer?

Why is it important for investors to understand the different financial ratios? How could this impact you as a customer?

Assignment 4

How can you utilize capital budgeting techniques in your personal finances to determine if an investment is a good idea?

Give an example of a personal purchase or a small business investment venture. Did you pay too much for the acquired purchase/investment?

How can you utilize one of the capital budgeting techniques in your personal investment decisions?

Assignment 5

There are so many circumstances when the principles of the 5 C's of credit can be applied. Please name one and discuss how one of the 5 C's comes into play.

What are some predatory lending practices?

How can you guard against predatory lenders in your personal financial decisions?

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Finance Basics: How does finance impact your personal life
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