ALLIED FIN202 MODULE 1 HOMEWORK ASSIGNMENT

Welcome to the Module 1 Homework Assignment for FIN 202: Personal Finance.This section prepares you to complete this assignment successfully. Please follow these instructions to complete and submit this assignment.You will create a document in either a .doc or .rtf format to record and save your work. If you have never created documents in an .rtf format, please visit the Academic Resource Center and click on Tutorials. You will then see a list of tutorials on the following page. Click on RTF Tutorial.Read the instructions carefully and review your work before you submit your assignment.Include a title page with this assignment. Your title page should follow standard APA formatting. Please view the .allied.edu/Pages/ViewPage.aspx?GroupID=189″>Title Page Example.When you are ready to submit the assignment, click the Start button at the bottom of the page to access the submission page and follow the instructions.If you have any problems with this assignment, please e-mail your instructor.

PART IDirections:
Using Microsoft® Word to save and submit your work, please provide
detailed and elaborate responses to the following questions. Your responses should include examples from
the reading assignments.1.
Describe the S-M-A-R-T approach to
financial planning goal setting. Give an
example.2.
Linda Ashworth is trying to decide
whether to keep her money in a savings account or in a mutual fund. What would you tell her to help her analyze
her decision?3. What is meant by the term, “Time
Value of Money?”4. What steps should a person take when
planning a career?5. What are the six steps in the financial
planning process?6. What types of risks are commonly
associated with personal financial decisions?
How can these risks be evaluated and minimized to reduce personal and
financial difficulties?7. People are commonly overwhelmed by the
many influences on personal financial decisions. What are the factors affecting financial
planning?8. What are the main components of personal
financial planning?9. Louise Ellis recently has been offered
employment in another city. She has been
employed in her current position for four years. What factors should Louise consider when
evaluating this new position?10. Suzanne is beginning to think she needs to
find a new job. She is happy with her
present salary and job duties, and she has a large corner office with a
wonderful view of the city. In spite of
this, she dreads going to work each day.
Discuss four reasons that may be to blame for her dissatisfaction at
work.11. What steps should a person take when
planning a career?12. What factors affect the availability of
employment positions?13. Discuss the types of information available
for use when doing career planning.14. What activities are commonly suggested when
preparing for a job interview?15. You are given the choice of $4,000 in extra
taxable income per year or a tax-exempt medical policy. The medical policy costs $300 per month. Your tax rate is 25%. Considering financial factors only, should
you take the cash or the medical policy?
Explain your decision.Part IIPreparing for an
InterviewDirections:Write
a 1-2 page, double-spaced paper in 12 pt. font that answers the following
question. Please use APA format.
Based on library research, a web search,
and experiences of others, obtain information about effective interviewing
techniques. Describe what actions one
might take when preparing for and participating in an interview. Include what to do before, during, and after
the interview process. Be sure to have a
minimum of two references and cite your references appropriately. The 2-3 page paper requirement does NOT include
the cover or reference page.