What are the potential risks of having all three of these buckets (savings, investments and debt payments) belong in the same category?

Answers

Answer 1

The potential risks that these three groups fall into the same category is that it is a low percentage and it is not a realistic proposition.

According to the theory of 50, 20, 30, a person's salary should be divided into 3 buckets that are:

50% of salary must go towards mandatory expenses (housing rent payments, utilities, medical care, basic food, and transportation). 20% of the salary must be used for savings and debt payments (programmed savings for old age or a special event, or the payment of debts such as card payments, bank loans, among others). 30% of the salary must be allocated for non-priority expenses (it is the expenditure of money on experiences, objects, or others that are not essential for the individual).

This income distribution is unrealistic because most people spend more than 50% of their salary on compulsory expenses, reducing their economic capacity for other purposes.

In this way, the 20% destined to savings and payment of debts would be a minimum amount of the salary, which could have serious consequences such as:

Inability to pay debts Inability to save for the future

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Related Questions

50 POINTS

Becky works as a cashier at a local grocery store. The pathway in the human services cluster that Becky works in is:


A. Counseling and Mental health services.

B. Family and community services.

C. Early childhood development.

D. Consumer services.


If you don't know don't answer, I don't want any wrong answers...

Answers

Answer:

Becky works as a cashier at a local grocery store. The pathway in the human services cluster that Becky works in is:

I think it's

D. Consumer services.

Answer

D have a great day :)

Explanation:

100 points & brainliest.

Answers

Answer:

A

Explanation:

Answer:

the answer is the first option (A)

Explanation:

Jordynne was the manager of Pets-R-Us, a pet store in Southern Valley Mall. Pets-R-Us had a one-year lease, and rent payments were $2,000.00 per month. Five months into the lease, Jordynne found a better site for the pet store. She notified Southern’s manager, vacated the mall, and moved her store to its new location. After two months, Southern was able to re-lease the premises to another retail store, but at a reduced rent of $1,800.00 per month. If Southern successfully sues Pets-R-Us, Southern will likely receive:_________

Answers

Southern is likely to receive $14,000 for damages

A lease such as the one between Jordynne and Southern represents a contract. Due to this, it is expected both parties met the conditions previously agreed. This means:

Jordynne should have stayed in the first site for a year.Southern cannot ask Jordynne to leave the site she rented.

In this context, it was Jordynne the one that breached the contract, as a consequence Southern can sue her. In this case, it is expected Jordynne has to pay the rent for the months she was not in Southern Vally Mall.

$2,000 x 7 months (she left in the fifth month) = $14,000

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how often does the bsa/aml require mlos to be trained?

Answers

According to general practice and standards, BSA/AML requires MLOs to be trained annually.

BSA is the acronym of Bank Secrecy Act

AML is the acronym for Anti-Money Laundering.

MLO is the acronym of Mortgage Loan Officer.

Generally, many examiners expect the FFIEC BSA AML Examination is that MLOs should trained and be tested annually.

However, in a case where the firm does not execute transactions with customers or possess customer accounts, or act as an introducing broker regarding customer accounts, MLOs are expected to be trained and tested every two years.

Hence, in this case, it is concluded that the correct answer is "annually."

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Claire opened her own Starbucks franchise in her community. She is pleased with how quickly she was able to open her franchise and that she
was able to establish a good customer base from the start because of name recognition. However, since she started this business to be her
own boss, Claire is likely to

A. Invest in his own capital and national and local advertising programs
B. Take sole responsibility for all the decisions in the business
C. Embrace the franchisors restrictions because they lead to a greater chance for success
D. Resent the management training and support the franchiser provides
E. Get frustrated with the restrictions of the franchise

Answers

C. Embrace the franchise restrictions

Claire is likely to Embrace the franchisors restrictions because they lead to a greater chance for success option(c) is correct.

Who was Claire?

Claire was a person who gradually opened her Starbucks actually in her community she established a good customer base merely of her name in that organization.

As she is her own boss she accordingly embraces the franchisors restrictions which actually lead for more and more success of her.

Therefore Option(c) is correct.

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#SPJ2

what are the effects of increasing a manager's span of control ?

Answers

Answer: Higher average span of control means fewer layers of management within the organization and a relatively flatter organizational structure.

Explanation: This can lead to, Faster decision-making due to fewer levels of approvals required for a specific decision, which allows the company to respond more quickly to business issues.

who wanna tlk im boooored

Answers

Answer:

sure why not

Explanation:

Answer:

When I answer 2 of your questions double the chance to talk.

Explanation:

The ______ is a measure of the rate of return an investor will earn if the investor buys the bond now and holds until maturity.

Answers

Answer:

Yield

Explanation:

YTM = Yield to Maturity

Exhibit 13-1
Bank
Increase in Checkable Deposits
New Required Reserves
New Checkable Deposits Created by Extending New Loans
A$0
$0
$1,000
B
$1,000
(A)
(B)
C
(C)
$90
(D)
D
$810
(E)
(F)
Assume that the required reserve ratio is 10%, that there are no cash leakages, and that banks hold zero excess reserves.
Refer to Exhibit 13-1. Suppose that the Federal Reserve conducts open market operations by purchasing $1,000 worth of government securities from Bank A. At the end of this process of money creation, what is the total amount of new checkable deposits?
a. $100,000
b. $10,000
c. $1,000
d. $1,000,000

Answers

Answer:

1,000,000"

Explanation:

Which work value is most likely to be important in a person's career choice?

oA.
preferring a fast-paced environment
oB.
volunteering at the animal shelter
oC.
spending time on social media applications
oD.
being skilled at negotiating and bargaining with people

Answers

Answer:

oD. being skilled at negotiating and bargaining with people

A substantial one of these will keep you from going upside down on your loan, that is, owing more on your car than it is
worth:

A) finance charges
B) insurance
C) down payment
D) interest

Answers

A-wala akung interest
B- is not the clown

Answer: C) Down Payment

Explanation: You should put more money down. You no longer need a 20% down payment to buy a home, but a down payment that’s too small can harm your equity.

Knowledge Matters ;0

if a tax is imposed on a market with inelastic demand and elastic supply, then:

Answers

Answer:

Buyers will bear most of the burden of the tax

Explanation:

Hope it helps

Some customers are more valuable than others if they ______ the company. a. generate less revenue for b. communicate less with c. generate more revenue for d. communicate more with

Answers

Answer

communicate more with

Explanation:

which term refers to the mix of nations, economies, and cultures?

Answers

Answer:

globalization

Explanation: I just took this quiz

Identify one way Raul could have increased the total amount of money he made over 40 years

Answers

Answer:

Maybe by investing his money into a buisness.

Answer:

crypto

Explanation:

within just a few years of its inception, uber was operating in more than 35 countries around the world. by moving into new markets early, uber hoped to capitalize on

Answers

Considering the situation described above, by moving into new markets early, uber hoped to capitalize on the "first-mover advantage."

The first-mover advantage is a term often used in the business or strategy world to describe the company's capacity to be more successful than its competitors due to being the first company to enter the market in a new product category or new location.

Thus, when Uber moves to a new market early in a new country or location where there are no platforms like Uber, it is believed that Uber hoped to capitalize on a first-mover advantage to gain customers and revenues.

Hence, in this case, it is concluded that the correct answer is "first-mover advantage."

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What is your idea of failure?

Answers

Answer:

Personally, failure is the inability to succeed die to the lack of effort. If full effort was given and the best someone could do was done, I don't count it a failure but a growing opportunity or a lesson. However if the lack of success was die to the lack of effort or persistance, I count it a failure. I also think success taken dishonestly or unjustly is considered a failure because rather than benefitinh someone, it is a detriment to their character.

How soon after entering a company’s office space does a visitor typically develop a judgment about the company?

minutes

seconds

hours

days

Answers

I would assume seconds considering that the appearance of the company plays a big role in the way the visitor views the company. If the company is presented as clean and organized it is much likelier for the visitor to have a better judgement of the company. This judgement can be formed in seconds just by the first appearance of the area.

What does competetive advantage mean?

Answers

Answer:

a condition or circumstance that puts a company in a favourable or superior business position.

Answer:

a condition or circumstance that puts a company in a favorable or superior business position.

Explanation:

In terms of organization architecture, _____ refers to the employees of the organization, the strategy used to recruit, compensate, and retain those individuals, and the type of people that they are in terms of their skills, values, and orientation.

Answers

In terms of organization architecture, people refers to the employees of the organization, the strategy used to recruit, compensate, and retain those individuals, and the type of people that they are in terms of their skills, values, and orientation.

A motor vehicle sold on credit to C. Kelly will require which of the following entries:



Debit Purchases, Credit C. Kelly

Debit motor vehicle, Credit C. Kelly

Debit C. Kelly, Credit purchases

Debit C. Kelly, Credit Motor vehicle

Answers

When a motor vehicle is sold to C. Kelly on credit, the relevant entries would be Debit C. Kelly, Credit Motor vehicle.

When an item is sold on credit to an entity, that entity becomes an Accounts Receivable. As this is an asset, it is debited when it increases which is the case here with C. Kelly purchasing the car on credit.

The motor vehicle account is an asset and assets are credited when they decrease. By selling the vehicle, the motor vehicle account will be credited to show that motor vehicles have decreased.

In conclusion, the accounting entry for the above scenario would be Debit C. Kelly, Credit Motor vehicle.

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____ are examples of public goods provided by the government. They are accessible to all (even those
who do not pay to use them) and can be used by many people at once.

Roads, mail delivery, and education

Your computer, house, and car

Getting a haircut, eating out, and clothes

Answers

The answer is A.- Roads, Mail delivery, and education

Roads, mail delivery, and education
are examples of public goods provided by the government.

A _____ combines financial measures of past performance with nonfinancial measures of the drivers of future performance to provide management with a road map for creating shareholder value.


a. profit center

b. balanced scorecard

c. cost driver

d. operating budget

Answers

Business often uses the balanced scorecard. A balanced scorecard combines financial measures of past performance with nonfinancial measures of the drivers of future performance.

A balanced scorecard is simply regard as a strategy performance management tool. It is known as a thorough structured report, that is used by managers to monitor the execution of activities by the staff within their control.

It is also used to keep track the consequences arising from these actions.

It is known also as a management system targeted at translating an organization's strategic goals into a number of organizational performance objectives.

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cash transactions involving the purchase and sale of long-term assets and current investments are classified on the statement of cash flows as

Answers

The purchase/sale of long-term assets and current investments are classified as Investing activities under the statement of cash flows.

Basically, a cash-flow statement is a financial statement that records the cash and cash equivalent that goes in and out of the business.

The section of the cash-flow statement is divided into:

Operating activitiesInvesting activitiesFinancing activities

The Investing activities entails transactions that includes purchase and sale of long-term assets and other business investment.

Therefore, the Investing activities is the answer.

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how do I start my own beauty business

Answers

Answer:

You can distribute samples to local makeup artists, launch a promotional blog, send press releases to publications that cover beauty products, or open social networking accounts to introduce your company to new people. invest in beauty and cosmetics brands invest in cosmetics business.

Explanation:

If the marginal propensity to consume (MPC) is 0.80, and if policy makers wish to increase real GDP $200 billion, then by how much would they have to change taxes

Answers

Answer:

200b

100m263min taxes exchange

THIS IS FOR ECONOMICS PLEASE HELP ILL GIVE BRAINLIEST
-
Compare general, limited, and limited liability partnerships. Formulate reasons as to why a group of prospective partners might choose each.

Answers

The best comparison between general, limited, and limited liability partnerships is:

In a limited liability partnership, each partner has a limited risk of losing their personal assets and the partners are not liable to any losses incurred.

What is a Business Partnership?}

This refers to the relationship between two or more people who have vested interests in a company based on their investment with the aim of making profit after a period of time.

With this in mind, we can see that Limited Liability partnership, is the one which is very common among investors as there is a shared risk among them.

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How often is USPS mail typically delivered to a business?

Answers

Answer: According to USPS FAQ, The general time standard is typically 2-9 days in the 48 contiguous states. Package Services is not a guaranteed service; delivery by a certain date or time is not available.

identify each political scenario as promoting neoliberal economics, or not.

Answers

The examples of neoliberal economic policies include:

The privatization of state-owned infrastructure.Free markets.Reduction of government funding for social services.

Neoliberal economic policies are the policies that are used in the elimination of price controls, lowering trade barriers, deregulation of the capital markets, and making use of privatization.

Therefore, examples of neoliberal economic policies are the privatization of state-owned infrastructure, free markets, and the reduction of government funding for social services.

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Describe how has Manchester United implemented each element of the marketing mix?
Do you think Manchester United has been successful in integrating those components? Why or why not?
How has the marketing mix helped Manchester United in branding their franchise?

Answers

The marketing mix at Manchester United was positive and further helped the team create value for consumers and increase their positioning and profitability.

Pricing in Manchester United's marketing mix is ​​premium, which has contributed to the team's image of being one of the most valued today, with loyal fans willing to pay a higher amount to purchase the team's products and services.

Manchester United's product is the team, which sells football shirts all over the world, in addition to having its own television channel where it sells its broadcast to other channels and a product marketing website. There are also ticket sales, partnerships with large companies, etc.

The promotion is carried out through the recognition of Manchester United around the world as one of the most appreciated teams today, with commercial strategies focused on building value through players, who are considered idols, such as Cristiano Ronaldo and Cavani.

Therefore, Manchester United implemented the elements of the marketing mix through a strategy focused on the core product, which is the team, through advertising carried out by the players themselves to sell products associated with the team.

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