Essays on Financial Education

1. Jan and Bill Smith are developing a familiar financial plan for the future. They have plans to change and old and paid car with a new one, sell the current house to a new house. All the decisions they want to make require studying the current and future financial conditions of the family to avoid a bankruptcy risk. There is not enough information about the finances of the couple, but with the current assets of the family, it is possible to find valuable information. Table 1 shows the balance sheet of the family considering current assets and liabilities. ...

Introduction

This paper aims to analyze the contemporary problems that affect productivity and the solutions to improve productivity and efficiency. These issues affect businesses across public and private sectors and in different industries. Implementation of workable solutions requires combined efforts of the employees, human resource, and management.

Financial stress

According to Patrick (2016), financial challenge is a significant problem that impacts employees’ productivity both in the private and public sectors. For instance, if an employee is facing difficulties meeting mortgages, it will affect his/her efficiency. Also, workers are always worried about their financial freedom; those who end up with massive debts at ...

Personal Finance Essays

The Wall Street Journal on April 8, 2016, the author Jason Zweig says the government is not responsible for the retirement savings of the people. The government since the great depression in the middle of the 20th century created the social security system which guarantees (in theory) a pension and retirement funds to all the people that are over sixty years and serves more than thirty years or more, depending on the institution or company (Zweig). The welfare state created by the government and emulated by other countries in Europe and America works similar a pyramidal scheme. The new ...