Case study

ANSWER
Financial planning is the most important and critical factor to the financial advisor throughout
the life cycle. Through the financial planning a person can achieve its goal. and can be live its
desire life. Basically, the financial planning is life changing process. If we planned our goals
according to financial process we can handle our life situation, and can achieve our goals rapidly.
The five steps of the financial planning are important for the future success. These are star with
the evaluation. A person should evaluate its current financial position, then define your
objectives, what to do, and how to do, in third develop your plan of action, in the last you should
have to review your goal. weather by this you can achieve your plan or not.

ANSWER
All goals are important in every one’s life, weather it is short term, intermediate or long term.
According to the current financial position of the jimmy and Bethany, their short-term goal was
to pay off debt, they have to brought the marriage. They should to review their insurance
coverage, and should to save their funds. if they face any sudden situation in their life by this
they can meet their problem. Now Bethany in her school, the any major item is not important for
her, but later in the 10 years they would to marry then they need for a home and more assets
which are compulsory for them and their children.

ANSWER
There are 5 steps, which can help the Bethany for the preparation of job interview.
 She should to review all remarkable question, can be asked in interview. And have to
prepare herself with a suitable answer.
 Learn about the company, through the internet, newspaper and all other sources.
 According to first impression is last impression, have to prepare herself. Should to take a
sleepy night, dressing appropriately, and reached on time.
 Be confidant and relaxed
 Thank to the interviewer and transmit a follow-up later immediately
ANSWER
The young generation should be careful and confidant for chosen their life career. Because it is
the most important for their upcoming life. The young generation can be successful in their
career if;
 They update and maintain their hidden skills in a right way, which are not easy to
identified.
 A person has to understand the organization environment by the help of their boss and be
loyal with their job.
 Build and good frame of work, and have to challenge yourself in any specific task and
create the fit image of the organization.
 When you are doing any job in the any organization you take some advantage, which are
very important. And ethical behavior is always a professional expectation of current
national attention.

ANSWER
The principle 10 is most important for the jimmy and Bethany because the principle 10 talk
about the “just do it” according to this principle the jimmy and Bethany have to produce a
commitment and avoid the action of delay or postponed. Their career and finances gather to
keep them committed and successful in their future.
 Case Study
ANSWER
The financial planning is important in future and it describe a platform of the financial lifecycle
stage. professional financial advisor takes the advantage the Delgado’s, the principle 1 and 2 are
introducing a way of planning. Firstly, evaluate their current financial knowledge have enable
the Delgado. They have to avoid the financial professionals which are more concerned with their
interest than implement on it. The Delgado’s fully apricate the urgency for and the benefits to be
get from financial planning.

ANSWER
222,360 x 3 x 0.77 = 513652

ANSWER
According to the case study, the principle 3 an 8 is more important for the funding of children’s
education. Nicholas and Marita can be save and contribute easily in the children’s education if
they,
 start investment rapidly and how the growth can be building more and more wealth with
the principle amount.
 Understand the factor of inflation, risk and return, and the length of time and opportunity
even the money is needed.
 Recognize the high risk and high return on investment.
If they follow these principles, they both will start investing rapidly, until they get a huge amount
in future.

ANSWER
According to the case study, the 3 most important factors must be included.
The definition and explanation of the goal included all factors, like, tuition fee, room and board
and all other things on costs for a public states, university, collage, and other education
experiences.
 Future and inflation costs,
 Future time or number of years until the contribution will initially needed.
ANSWER
In addition to funding the education of children. The short term, intermediate term and long-term
goals the Delgado’s should consider as they revise their financial plan. The answer can be
change, but often the short term and intermediate term goals are listed. the single goals
specifically identified by the Nicholas and Marita are two long term goals;
 Contribution in the children education’s
 And retire rapidly and travel the world