Financial budget problem

Assignment Help Business Management
Reference no: EM1377646

A friend tells you that she has a job that pays $1,100 every month (after tax); however, she is spending US$1,300 every month and taking on more credit card debt to meet her monthly bills. In conversation she says, "I love to eat out, and music is my passion?so I need money for the things I want to do." She ends the conversation by saying, "My mother always tells me that I need a budget, but I tell her that I am doing fine without one."

Sorry, The question is regarding budgeting advice. My initial thoughts are: The creation of a budget is essential. My "friend" must let go of thoughts that are negative and difficult about budgeting and accept its necessity. Secondly, I would suggest paying with cash for all purchases or whenever possible. Third, I would suggest the possibility of lower interest credit cards for balance transfers.

Am I on the right track? I am dealing with resistance to change and fear of difficulty. Is this advice good? If not, what other suggestions would you implement?


Reference no: EM1377646

Simulation mode

Go to Simulation mode. In the Event List Filters, enable only ICMP and ARP. Using the “Simple PDU”, issue a ping from PC0 to PC1. Play the simulation.

Explain positive defence to the negligence claim

A water pipe bursts flooding a Small Business Company utility room as well as tripping the circuit breakers on a panel in the room. Small Business contacts Tom a licensed el

What is the value of its operations

Suppose Leonard, Nixon, & Shull Corporation's projected free cash flow for next year is $100,000, and FCF is expected to grow at a constant rate of 6%. If the company's weig

Problem regarding the ecological services

In a 2-3 page paper, using APA-style formatting, define and discuss the concept of ecological services. Then, review the "Ecological Services of Rivers" outlined in Mini Lec

What you do about continuing to do business with marshall

What should you do about continuing to do business with Marshall? If you elect to stop doing business with Marshall, what legal causes of action might he bring against your co

Main concerns that mnc

1) What are two main concerns that MNCs should evaluate when doing business in Russia? 2) How can MNCs protect themselves from government action? 3) What proactive political s

Manage the delivery of care

Select a state or federal law or regulation related to patient safety that has been implemented within the last five years requiring hospitals or any other health care organ

Barriers to centralization

What barriers do you see to centralizing risk management in a disbursed national or international corporation, and what are some advantages and disadvantages to the centrali


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd