Touchstone Analyzing Your Personal Finances

/ Finance / By

Touchstone:Analyzing Your Personal Finances
SCENARIO: Three months have passed since you created your first financial plan (i.e., the Unit 2 Touchstone). In that time, your budget has gone through some changes. The good news is that your income has increased because of your strong performance at work. However, health care and miscellaneous costs have gone up along with your earnings. You will need to reallocate your monthly budget based on these changes to see how you’re progressing toward your original savings goal.
While you appreciate numbers and figures, you also know that a strong financial analysis needs visual information. As part of your progress check, you’ve committed to creating a set of graphs that you can share with your financial advisor.
ASSIGNMENT: This assignment has two parts. In part 1, you will analyze personal finance data based on the scenario described above. You’ll use your problem solving and agility skills to balance three monthly budgets, and you’ll use your technology skill to graph the spending allocations in each of them. Finally, you’ll sharpen all three skills as you calculate and graph the progress you’re making toward your original savings goal.
In part 2, you will answer reflection questions about the decisions you made, identify how to create more savings opportunities, and make predictions about life and economic impacts that could affect the future of your plan.
For this assignment, you will:
Create three monthly budgets and perform a personal financial analysis using Microsoft Excel.
Summarize changes in expenditures between budgets.
Show the results of the analysis using appropriate graphs in Excel.
Explain how the graph types you have selected will help your financial advisor understand the data.
Discuss the results of the financial analysis including savings achievements, future budget modifications, and life impacts that could derail the budget in the coming year.
Reflect on what the analysis might reasonably look like in one year, accounting for economic factors such as inflation and the consumer price index.
 
 
A. Assignment Guidelines
DIRECTIONS: Refer to the lists below throughout the assignment. Do not submit your Touchstone until it meets these guidelines.
1. Analyzing Your Personal Finances
? Have you populated the tables for Month 1, Month 2, and Month 3 with your budgeting information?
? Have you verified that all amounts are displayed on a monthly (not annual) basis?
? Have you verified that the sum of your expenditures (including savings) equals your employment income?
? Have you populated the Savings Progress table?
? Have you selected the most effective graph type for each of your data sets?
? Have you left all predetermined formulas intact?
2. Reflection Questions
? Have you directly answered each question that was asked?
? Have you provided sufficient evidence to support each of your answers?
? Have you made clear and logical connections between your conclusions and the data used in the financial analysis?
? Have you leveraged content from the course tutorials about economic factors?
? Have you included sufficient detail in your answers? 

How to write a creative essay

A creative essay is a type of writing that goes beyond the traditional norms of academic writing and focuses on the writer’s imagination and creative expression. To write a creative essay, you need to have a clear understanding of the purpose and style of your essay. Here are some steps to help you write a creative essay:
Choose a topic: The topic of your essay should be interesting and captivating, and it should reflect your personal experiences, observations, or opinions.
Generate ideas: Brainstorm and jot down all the ideas, images, and experiences that relate to your topic.
Develop a structure: Decide how you want to organize your essay and what elements you want to include, such as characters, settings, dialogue, or descriptive details.
Write an engaging opening: Start your essay with an opening that captures the reader’s attention and provides context for your topic.
Use vivid language: Use vivid and descriptive language to help the reader visualize your experiences or ideas.
Show, don? tell: Instead of telling the reader what you feel or think, show them by using sensory details and descriptive images.
Use dialogue: Use dialogue to add depth to your characters and help to advance your story.
Revise and edit: After writing your first draft, take the time to revise and edit your essay. Pay close attention to grammar, punctuation, and sentence structure.
Example:
Topic: A trip to a magical forest
The sun was just starting to rise as I stepped out of my tent and into the dense, misty forest. I was on a camping trip with my friends, and we had stumbled upon this magical place by accident. As I looked around, I couldn’t help but feel like I had entered a different world. The towering trees seemed to reach up to the sky, and the vines and leaves created a canopy overhead. I heard a rustling in the bushes, and I jumped back, but it was just a beautiful, shimmering butterfly. I looked at my friends in awe, and they were equally amazed by the magic of this place. Suddenly, a voice echoed through the forest, beckoning us to follow it. We hesitantly followed the voice, and as we walked, the forest transformed around us. Flowers bloomed, birds flew, and creatures of all shapes and sizes came out to play. It was like we had entered a fairy tale, and we were the main characters. The voice led us to a clearing, where a wise old wizard sat on a throne made of twigs and leaves. He welcomed us to his kingdom and offered to show us around. And so, we spent the rest of the day exploring the magical forest and discovering its secrets. It was a day I would never forget, and I couldn’t wait to come back to this magical place.

Touchstone:Analyzing Your Personal Finances SCENARIO: Three months have passed since you created your first financial plan (i.e., the Unit 2 Touchstone). In that time, your budget has gone through some changes. The good news is that your income has increased because of your strong performance at work. However, health care and miscellaneous costs have gone up along with your earnings. You will need to reallocate your monthly budget based on these changes to see how you’re progressing toward your original savings goal. While you appreciate numbers and figures, you also know that a strong financial analysis needs visual information. As part of your progress check, you’ve committed to creating a set of graphs that you can share with your financial advisor. ASSIGNMENT: This assignment has two parts. In part 1, you will analyze personal finance data based on the scenario described above. You’ll use your problem solving and agility skills to balance three monthly budgets, and you’ll use your technology skill to graph the spending allocations in each of them. Finally, you’ll sharpen all three skills as you calculate and graph the progress you’re making toward your original savings goal. In part 2, you will answer reflection questions about the decisions you made, identify how to create more savings opportunities, and make predictions about life and economic impacts that could affect the future of your plan. For this assignment, you will: Create three monthly budgets and perform a personal financial analysis using Microsoft Excel. Summarize changes in expenditures between budgets. Show the results of the analysis using appropriate graphs in Excel. Explain how the graph types you have selected will help your financial advisor understand the data. Discuss the results of the financial analysis including savings achievements, future budget modifications, and life impacts that could derail the budget in the coming year. Reflect on what the analysis might reasonably look like in one year, accounting for economic factors such as inflation and the consumer price index.     A. Assignment Guidelines DIRECTIONS: Refer to the lists below throughout the assignment. Do not submit your Touchstone until it meets these guidelines. 1. Analyzing Your Personal Finances ? Have you populated the tables for Month 1, Month 2, and Month 3 with your budgeting information? ? Have you verified that all amounts are displayed on a monthly (not annual) basis? ? Have you verified that the sum of your expenditures (including savings) equals your employment income? ? Have you populated the Savings Progress table? ? Have you selected the most effective graph type for each of your data sets? ? Have you left all predetermined formulas intact? 2. Reflection Questions ? Have you directly answered each question that was asked? ? Have you provided sufficient evidence to support each of your answers? ? Have you made clear and logical connections between your conclusions and the data used in the financial analysis? ? Have you leveraged content from the course tutorials about economic factors? ? Have you included sufficient detail in your answers?  How to write a creative essay A creative essay is a type of writing that goes beyond the traditional norms of academic writing and focuses on the writer’s imagination and creative expression. To write a creative essay, you need to have a clear understanding of the purpose and style of your essay. Here are some steps to help you write a creative essay: Choose a topic: The topic of your essay should be interesting and captivating, and it should reflect your personal experiences, observations, or opinions. Generate ideas: Brainstorm and jot down all the ideas, images, and experiences that relate to your topic. Develop a structure: Decide how you want to organize your essay and what elements you want to include, such as characters, settings, dialogue, or descriptive details. Write an engaging opening: Start your essay with an opening that captures the reader’s attention and provides context for your topic. Use vivid language: Use vivid and descriptive language to help the reader visualize your experiences or ideas. Show, don? tell: Instead of telling the reader what you feel or think, show them by using sensory details and descriptive images. Use dialogue: Use dialogue to add depth to your characters and help to advance your story. Revise and edit: After writing your first draft, take the time to revise and edit your essay. Pay close attention to grammar, punctuation, and sentence structure. Example: Topic: A trip to a magical forest The sun was just starting to rise as I stepped out of my tent and into the dense, misty forest. I was on a camping trip with my friends, and we had stumbled upon this magical place by accident. As I looked around, I couldn’t help but feel like I had entered a different world. The towering trees seemed to reach up to the sky, and the vines and leaves created a canopy overhead. I heard a rustling in the bushes, and I jumped back, but it was just a beautiful, shimmering butterfly. I looked at my friends in awe, and they were equally amazed by the magic of this place. Suddenly, a voice echoed through the forest, beckoning us to follow it. We hesitantly followed the voice, and as we walked, the forest transformed around us. Flowers bloomed, birds flew, and creatures of all shapes and sizes came out to play. It was like we had entered a fairy tale, and we were the main characters. The voice led us to a clearing, where a wise old wizard sat on a throne made of twigs and leaves. He welcomed us to his kingdom and offered to show us around. And so, we spent the rest of the day exploring the magical forest and discovering its secrets. It was a day I would never forget, and I couldn’t wait to come back to this magical place.

Why Choose Us

  • 100% non-plagiarized Papers
  • 24/7 /365 Service Available
  • Affordable Prices
  • Any Paper, Urgency, and Subject
  • Will complete your papers in 6 hours
  • On-time Delivery
  • Money-back and Privacy guarantees
  • Unlimited Amendments upon request
  • Satisfaction guarantee

How it Works

  • Click on the “Place Your Order” tab at the top menu or “Order Now” icon at the bottom and a new page will appear with an order form to be filled.
  • Fill in your paper’s requirements in the "PAPER DETAILS" section.
  • Fill in your paper’s academic level, deadline, and the required number of pages from the drop-down menus.
  • Click “CREATE ACCOUNT & SIGN IN” to enter your registration details and get an account with us for record-keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.
  • From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it.