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Why do you need financial plan

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Nguy?n Thanh
Nguy?n Thanh

The document discusses the importance of having a strong financial plan. It explains that a financial plan can help people be prepared for unexpected events and market fluctuations. It also provides peace of mind. Creating a budget is a key part of financial planning as it allows people to track their income, expenses and spending. The document recommends including as many details as possible when creating a budget to understand where money is coming from and going.

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Why do you need a financial plan?
The changing socio-economic environment makes it mandatory for everyone to have a sound financial plan.
A strong financial plan will make sure that you are financially prepared to deal with unexpected events and a stormy market. I have told you already that you should have a strong financial plan!
Regular financial planning can help give us peace of mind and protect us from unforeseen, unfavorable situations.
Financial planning covers a wide variety of money topics including : Budgeting Cutting Expenses Getting Out of Debt Insurance Saving for Retirement More details
Since time is limited, I just focus on the budget topic in this powerpoint!
Creating a budget may not sound like the most exciting thing in the world to do, but it is vital in keeping your financial house in order.
Before you begin to create your budget it is important to realize that in order to be successful you have to provide as much detailed information as possible.
The end result will be able to show where your money is coming from, how much is there and where it is all going.
More information, click here.
Interesting video related to the topic Saving for tomorrow, tomorrow
Why do you need financial plan
MORE Tips to IMPROVE your VOCABULARY ?Creating flashcards with the new words you have learned. Why not try it now? My example Anymore ideas? Share with us! ^_^//
No. Words Definitions 1 fi¡¤nan¡¤cial adj. relating to money or how money is managed 2 man¡¤da¡¤to¡¤ry adj. describes something that must be done, or is demanded by law 3 in¡¤sur¡¤ance n. a contract where you pay a little money at a time so you can be compensated later, especially in the case of a disaster 4 un¡¤ex¡¤pect¡¤ed adj. without warning or announcement 5 ex¡¤pense n. something that makes you spend money
No. Words Definitions 6 re¡¤tire¡¤ment n. the period in someone's life after they have stopped working because they reached a particular age 7 de¡¤tailed adj. giving a lot of information with many details 8 pos¡¤si¡¤ble adj. able to be done or achieved, or able to exist 9 sound adj. secure, restful and uninterrupted 10 un¡¤fa¡¤vor¡¤a¡¤ble adj. negative and showing that you do not like something
adj. relating to money or how money is managed financial If you are short on cash, you might say you have a financial proplem.
adj. describes something that must be done, or is demanded by law mandatory A mandatory action is something that is required, obligatory, or compulsory. Like letting your Great Aunt Edna pinch your cheeks.
n. a contract where you pay a little money at a time so you can be compensated later, especially in the case of a disaster insurance Many people consider insurance to be making a kind of bet that bad things will happen: that's a good bet to make, because nobody is lucky forever.
unexpected adj. without warning or announcement Well, a fancy love story! This really is an unexpected couple!
expense n. something that makes you spend money We went on holiday at my father's expense. It is me who paid for it!
n. the period in someone's life after they have stopped working because they reached a particular age retirement No way, I'm still full of energy. I want to keep working. If I didn't love what I do, I'd stay busy doing something else. Have you ever considered taking a retirement?
adj. giving a lot of information with many details detailed A witness gave a detailed description of the man.
You can use possible to talk about anything that might happen. possible If you work really hard for a test, and you show you know the material, it¡¯s possible that you¡¯ll get an A.
Sound can also mean "solid or good." Sound advice is good advice. sound Sound investments are secure.
adj. negative and showing that you do not like something unfavorable He always talks about her in an unfavourable way.
Sources Explanations of the words : Longman dictionary www.Vocabulary.com http://dictionary.cambridge.org Pronunciations: http://dictionary.cambridge.org/ Pictures : from webs Edit: Thanh Contact Informations: *Skype: iotantt (Thanh) *Mail: bibliophile159@gmail.com
The End ? Thanks for watching! ? Hope that you all enjoy it!

More Related Content

Why do you need financial plan

  • 1. Why do you need a financial plan?
  • 2. The changing socio-economic environment makes it mandatory for everyone to have a sound financial plan.
  • 3. A strong financial plan will make sure that you are financially prepared to deal with unexpected events and a stormy market. I have told you already that you should have a strong financial plan!
  • 4. Regular financial planning can help give us peace of mind and protect us from unforeseen, unfavorable situations.
  • 5. Financial planning covers a wide variety of money topics including : Budgeting Cutting Expenses Getting Out of Debt Insurance Saving for Retirement More details
  • 6. Since time is limited, I just focus on the budget topic in this powerpoint!
  • 7. Creating a budget may not sound like the most exciting thing in the world to do, but it is vital in keeping your financial house in order.
  • 8. Before you begin to create your budget it is important to realize that in order to be successful you have to provide as much detailed information as possible.
  • 9. The end result will be able to show where your money is coming from, how much is there and where it is all going.
  • 11. Interesting video related to the topic Saving for tomorrow, tomorrow
  • 13. MORE Tips to IMPROVE your VOCABULARY ?Creating flashcards with the new words you have learned. Why not try it now? My example Anymore ideas? Share with us! ^_^//
  • 14. No. Words Definitions 1 fi¡¤nan¡¤cial adj. relating to money or how money is managed 2 man¡¤da¡¤to¡¤ry adj. describes something that must be done, or is demanded by law 3 in¡¤sur¡¤ance n. a contract where you pay a little money at a time so you can be compensated later, especially in the case of a disaster 4 un¡¤ex¡¤pect¡¤ed adj. without warning or announcement 5 ex¡¤pense n. something that makes you spend money
  • 15. No. Words Definitions 6 re¡¤tire¡¤ment n. the period in someone's life after they have stopped working because they reached a particular age 7 de¡¤tailed adj. giving a lot of information with many details 8 pos¡¤si¡¤ble adj. able to be done or achieved, or able to exist 9 sound adj. secure, restful and uninterrupted 10 un¡¤fa¡¤vor¡¤a¡¤ble adj. negative and showing that you do not like something
  • 16. adj. relating to money or how money is managed financial If you are short on cash, you might say you have a financial proplem.
  • 17. adj. describes something that must be done, or is demanded by law mandatory A mandatory action is something that is required, obligatory, or compulsory. Like letting your Great Aunt Edna pinch your cheeks.
  • 18. n. a contract where you pay a little money at a time so you can be compensated later, especially in the case of a disaster insurance Many people consider insurance to be making a kind of bet that bad things will happen: that's a good bet to make, because nobody is lucky forever.
  • 19. unexpected adj. without warning or announcement Well, a fancy love story! This really is an unexpected couple!
  • 20. expense n. something that makes you spend money We went on holiday at my father's expense. It is me who paid for it!
  • 21. n. the period in someone's life after they have stopped working because they reached a particular age retirement No way, I'm still full of energy. I want to keep working. If I didn't love what I do, I'd stay busy doing something else. Have you ever considered taking a retirement?
  • 22. adj. giving a lot of information with many details detailed A witness gave a detailed description of the man.
  • 23. You can use possible to talk about anything that might happen. possible If you work really hard for a test, and you show you know the material, it¡¯s possible that you¡¯ll get an A.
  • 24. Sound can also mean "solid or good." Sound advice is good advice. sound Sound investments are secure.
  • 25. adj. negative and showing that you do not like something unfavorable He always talks about her in an unfavourable way.
  • 26. Sources Explanations of the words : Longman dictionary www.Vocabulary.com http://dictionary.cambridge.org Pronunciations: http://dictionary.cambridge.org/ Pictures : from webs Edit: Thanh Contact Informations: *Skype: iotantt (Thanh) *Mail: bibliophile159@gmail.com
  • 27. The End ? Thanks for watching! ? Hope that you all enjoy it!