TRY THE HAND AT ADVISING ON HOW BEST TO HANDLE FINANCE

(Instructor: Hnapovska L.V.

Potential audience: Master’s stage students of International Economics)

• The folks through the list below have all addressed you for many advice that is professional just how to manage their cash.

1. A person that has $5,000 in a checking account spending 2.5% per year and a charge card financial obligation of $3,000 on which this woman is spending 1.25percent every month
2. A client that has simply possessed a pay increase of $1,000 30 days
3. A person who would like to spend $50,000 within the stock of only one business
4. A person who has got just completed settling their home loan and asks for a financial loan of $50,000 to help make improvements to their household
5. A person who would like to just take €10,000 money for a vacation that is long

• Offer advice or make recommendations into the individuals above.
• Be sure you offer sufficient reasoning for the a few ideas.

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Take to your hand at advising on the best way to handle finance

1) If I became you, I would better withdraw 3000$ from my saving account to cover the debt off from my bank card. (more…)