The Financial Planning Process Essay Example | Topics and Well Written Essays - 1500 words

The Financial Planning Process - Essay Example The main aim of the analysis is to understand the difference between our needs and wants. Particular financial objectives are essential to financial planning. Others can propose financial objectives for us; on the other hand, we need to choose the objectives for which we are planning our financial situations for future needs. Financial objectives can go from using the greater part of the current income to creating far-reaching reserve funds and investment program for the financial security of our future. Developing other options is most important part of making effective decisions. Although there are many factors which will influence the available options we need to consider the possible course of action under the following categories- We need to assess conceivable approaches, contemplating the life circumstance, current economic condition and personal goals and values. We have to assess the Outcomes of Decisions. Each choice shuts off options. For instance, a choice to put resources into stock may mean that we cant take an excursion. Opportunity cost is the important thing that we need to give up while settling on a decision. This cost generally alluded to as the exchange off of a choice, cant generally is measured in dollars. Choice making will be a progressing a piece of your individual and financial circumstance. Hence, investors will need to consider the lost opportunities which will be needed to face by the investors as a result of their decisions. In this step of financial planning activities, investors need to develop a plan of action. It requires choosing correct ways to achieve our targets. After achieving the short-term goals investors need to focus on the long-term financial goals of our life. For planning our financials investors can take help of any professional person who will help them to achieve their target. Financial planning is a dynamic process which does not end after taking a particular cause of action.  

Profiling Essay Example | Topics and Well Written Essays - 500 words

Profiling - Essay Example What one says or does is sieved by the society through a very fine net of critical judgment, so as to analyze the flavor of racism, one-sidedness and religion in it. In such circumstances, people specially those who have close resemblance with the suspected group have to undergo immense emotional labor and have to adapt their actions and sayings as per the demand of the sensitive listeners and watchers. This does require an adjustment in the bandwidth of tolerance as (Varadarajan) has rightly depicted in his essay. People’s actions are shaped by their internal beliefs and are an outcome of their philosophies. They may or may not want to adjust their actions and reactions in accordance with the demand of the terrorism-phobic society. Emphasis on profiling is a result of spread of terrorism which has in turn, had many philosophical and spiritual impacts on the society as a whole. Thus, profiling in itself, becomes a fairly complex philosophical issue. Is profiling acceptable? If so, under what circumstances? No, profiling is not acceptable.