Skill(s) Being Assessed: Productivity
Criteria for Success: In this assignment, you will:
Create a budget for a financial plan using Excel to ensure that the financial information is organized, accurate,
Identify a personal savings goal and a time frame for reaching that goal.
Explain your choice of housing option in the context of how it will help you achieve your selected financial goal.
Align expenditures to reflect your selected financial goal.
Reflect on how creating a step-by-step and organized approach to the assignment helped you to adjust your
financial priorities and financial plan.
What to submit/deliverables: Two completed templates: Assignment 2 Financial Plan Explanation Word
Template and Assignment 2 Financial Plan Budget Excel Template.
What is the value of doing this assignment? We all have financial goals—buying or renting a home, purchasing
a car, paying off a loan, or saving up for a vacation. And it can be challenging to figure out exactly how to save
toward these goals, given the numerous expenses of daily living. A financial plan helps you identify how you
can reach your short-term and long-term goals, and leverage planning and organization strategies to make
meaningful, incremental progress toward realizing these goals. This assignment gives you the opportunity to
apply what you’ve learned about personal financial planning, productivity strategies, and the use of Excel to
develop a personal financial plan aligned to your financial goals.
Your goal for this assignment is to: Build your productivity skill by creating a plan for reaching a specific
financial goal within an identified time frame. You will use productivity strategies to break financial planning into
manageable, organized steps, and you will use Excel to develop a realistic plan that is aligned to your financial
goal and considers economic drivers, requirements, and resources.
Steps to complete: In Week 7, submit your assignment in BlackBoard by following these steps:
STEP 1:Review the following scenario for this assignment. Additionally, review the Assignment 2 Financial
Plan Explanation Word Template and Assignment 2 Financial Plan Budget Excel Template.
Context: : Imagine that you are in a position where you need to move – this could be because of a change in
job or dissatisfaction with your current living arrangement, or something else entirely. Besides needing to find
different housing, you also want to begin saving for a specific financial goal.
Scenario: Imagine that you are in a position where you need to move—this could be because of a change in
job, dissatisfaction with your current living arrangement, or something else entirely. Besides needing to find
different housing, you also want to begin saving for a specific financial goal.
You will use the Assignment 2 Financial Plan Budget Excel Template to create your financial plan and budget
table. You will use the Assignment 2 Financial Plan Explanation Word Template to answer the questions
related to your financial goals and plan.
STEP 2: Think through the productivity strategies you have learned in your coursework and make a plan for
how you will break down creating your financial plan into smaller steps to help you stay organized and be
STEP 3: Identify an annual income as a starting point for your financial plan and insert the value in the budget
table at the top of the Excel template as needed. Use an annual income value that you feel comfortable using
for this assignment. You may use one of the following:
The sample annual income of $50,000 provided in the template
Your current annual income
The average/median income of a career field that you would like to be working in at some point in the future.
Check out O*Net or CareerOneStop for more information on income for career fields you are interested in.
STEP 4: Identify a financial goal you would like to save towards – this can be a short-term (1-2 years) or longterm (3+ years) goal and determine how quickly you want to save for it (Question 2 in Template).
Compelling correspondence is essential to the achievement all things considered but since of the changing idea of the present working environments, successful correspondence turns out to be more troublesome, and because of the numerous impediments that will permit beneficiaries to acknowledge the plan of the sender It is restricted. Misguided judgments.In spite of the fact that correspondence inside the association is rarely completely open, numerous straightforward arrangements can be executed to advance the effect of these hindrances.
Concerning specific contextual analysis, two significant correspondence standards, correspondence channel determination and commotion are self-evident. This course presents the standards of correspondence, the act of general correspondence, and different speculations to all the more likely comprehend the correspondence exchanges experienced in regular daily existence. The standards and practices that you learn in this course give the premise to additionally learning and correspondence.
This course starts with an outline of the correspondence cycle, the method of reasoning and hypothesis. In resulting modules of the course, we will look at explicit use of relational connections in close to home and expert life. These incorporate relational correspondence, bunch correspondence and dynamic, authoritative correspondence in the work environment or relational correspondence. Rule of Business Communication In request to make correspondence viable, it is important to follow a few rules and standards. Seven of them are fundamental and applicable, and these are clear, finished, brief, obliging, right, thought to be, concrete. These standards are frequently called 7C for business correspondence. The subtleties of these correspondence standards are examined underneath: Politeness Principle: When conveying, we should build up a cordial relationship with every individual who sends data to us.
To be inviting and polite is indistinguishable, and politeness requires an insightful and amicable activity against others. Axioms are notable that gracious “pay of graciousness is the main thing to win everything”. Correspondence staff ought to consistently remember this. The accompanying standards may assist with improving courtesy:Preliminary considering correspondence with family All glad families have the mystery of progress. This achievement originates from a strong establishment of closeness and closeness. Indeed, through private correspondence these cozy family connections become all the more intently. Correspondence is the foundation of different affiliations, building solid partners of obedient devotion, improving family way of life, and assisting with accomplishing satisfaction (Gosche, p. 1). In any case, so as to keep up an amicable relationship, a few families experienced tumultuous encounters. Correspondence in the family is an intricate and alluring marvel. Correspondence between families isn’t restricted to single messages between families or verbal correspondence.
It is a unique cycle that oversees force, closeness and limits, cohesiveness and flexibility of route frameworks, and makes pictures, topics, stories, ceremonies, rules, jobs, making implications, making a feeling of family life An intelligent cycle that makes a model. This model has passed ages. Notwithstanding the view as a family and family automatic framework, one of the greatest exploration establishments in between family correspondence centers around a family correspondence model. Family correspondence model (FCP) hypothesis clarifies why families impart in their own specific manner dependent on one another ‘s psychological direction. Early FCP research established in media research is keen on how families handle broad communications data. Family correspondence was perceived as an exceptional scholastic exploration field by the National Communications Association in 1989. Family correspondence researchers were at first impacted by family research, social brain science, and relational hypothesis, before long built up the hypothesis and began research in a family framework zeroed in on a significant job. Until 2001, the primary issue of the Family Communication Research Journal, Family Communication Magazine, was given. Family correspondence is more than the field of correspondence analysts in the family. Examination on family correspondence is normally done by individuals in brain science, humanism, and family research, to give some examples models. However, as the popular family correspondence researcher Leslie Baxter stated, it is the focal point of this intelligent semantic creation measure making the grant of family correspondence special. In the field of in-home correspondence, correspondence is normally not founded on autonomous messages from one sender to one beneficiary, yet dependent on the dynamic interdependency of data shared among families It is conceptualized. The focal point of this methodology is on the shared trait of semantic development inside family frameworks. As such, producing doesn’t happen in vacuum, however it happens in a wide scope of ages and social exchange.
Standards are rules end up being followed when performing work to agree to a given objective. Hierarchical achievement relies significantly upon compelling correspondence. So as to successfully impart, it is important to follow a few standards and rules. Coming up next are rules to guarantee powerful correspondence: clearness: lucidity of data is a significant guideline of correspondence. For beneficiaries to know the message plainly, the messages ought to be sorted out in a basic language. To guarantee that beneficiaries can without much of a stretch comprehend the importance of the message, the sender needs to impart unmistakably and unhesitatingly so the beneficiary can plainly and unquestionably comprehend the data.>