Estate Planning College Essays Samples For Students

Personal Finance

Personal Financial Plan
Introduction
A person’s financial success is determined by his ability to allocate and utilize his own financial resources. Planning is an integral part of every person’s future aspirations for a better life even retirement. However, financial planning is not as simple as outlining the current personal assets versus liabilities because similar to business financial planning it also considers both external and external environmental attributions. Internal factors vary from risk tolerance, projected financial situation, discipline, goals, spending, saving and investment patterns and consumption. On the other hand, external factors include social, legal, political, taxation ...

Personal finance plan

I am a college student pursuing my first degree in a public university. I live off-campus with a friend where we pay 100 dollars per month for rent. The rent is split between both of us. Therefore, I pay 50 dollars per month.
One of the major short term goals I have is to graduate. I plan to graduate in the next one year. My other short term goal is to enroll in a master’s program within a year of graduating. Enrolling in a master’s program will require me to work as I study since I will ...

Personal financial planning is a process of setting financial goals based on your current financial situation and prospect, most importantly future prospects. It is a matter of asking yourself these questions, financially, where do I want to be, when do I want to be there, and how will I get there based on where I am now. Because this is a process certain parameters must be looked into keenly and carefully before one thinks of coming up with a financial plan (Charupat, Huang and Milevsky, 2012). One, your personal financial plan should be based on the financial resources that one currently has at ...