User Account

All Pages

Why should you reduce spending on credit before investing

Assignment Help HR Management
Reference no: EM131289403

You read in Chapter 13 that it is vital to reduce your credit card balances and other consumer credit before beginning an investment program. You also need to start an emergency fund in case of immediate need. Why do financial advisers make such recommendations?

Why should you reduce spending on credit before investing? Why shouldn't you carry large consumer debt and invest at the same time? On the surface, these questions may sound silly but there are sound reasons for asking them.

Reference no: EM131289403

Questions Cloud

Characteristics of other post-retirement benefit plans : Identify and discuss the characteristics of other post-retirement benefit plans and discuss how they are similar and different from definted benefit pension plans. In addition, discuss how the accounting methods differ for other post-retirement plans..
Compute and plot the cross-correlation : Compute and plot the cross-correlation rxs(l) and determine the time delay of x(n) and compute and plot the impulse response h(n) of the matched filter.
Process to meet customer expectations : Describe how you will determine the capability of your process to meet customer expectations. Include sufficient detail to explain your data collection and analysis approach.
Which retailers signed the agreement : Write a brief report on the Bangladesh Accord on Fire and Building Safety proposed by Industrial. Which retailers signed the agreement, and why have some U.S. retailers refused to sign the pact?
Why should you reduce spending on credit before investing : Why should you reduce spending on credit before investing? Why shouldn't you carry large consumer debt and invest at the same time?
Systems flow chart for the purchase and payment processes : Jenny Smith owns Classic Photography Inc., a company that restores photos for its clients and creates electronic images from the restored photos. The company also frames restored photos and creates sophisticated custom artworks. Create a systems flow..
Display the contents of the array in order : First, load the scores in your array. Second, display the contents of the array in order. Third, display array in reverse order. Fourth, calculate the average of the five scores entered in the array.
Key characteristics of stage : Describe how the spotlight is shining squarely on the incident in Stage One. What are the key characteristics of this stage, and how are they manifested in both the traditional, mainstream, and social media? Include two recent examples to illustra..
For what price does the manufacturer sell the product : If the salon's markup is 40 percent and the wholesaler's markup is 15 percent, both based on their selling prices, for what price does the manufacturer sell the product to the wholesaler?

Reviews

Write a Review

HR Management Questions & Answers

  Human resource concerns for the success of an mncwhat are

human resource concerns for the success of an mncwhat are the specific human resources concerns competencies labor

  Create new performance appraisal system for all employees

Assume you are an HR professional working with the CEO at a small start-up technology company to create a new performance appraisal system for all employees. Which performance appraisal system would you recommend and why? What suggestions would you h..

  Evolutionary or revolutionary change

Does evolutionary or revolutionary change best describe the changes that have taken place in your organization? In what type of change, such as restructuring, has your organization been most involved?

  Provide a rationale for the each of the goals selected

Provide a rationale for the each of the goals selected. Rank each of the goals on a scale in terms of their importance or potential impact, with 5 being the highest importance or impact.

  In your opinion determine the biggest challenges facing

1. in your opinion what are the biggest challenges facing mncs in todays economy and why? allow for political

  Evaluate hr service delivery

The assessment task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor.

  Value today of the annuity

If Interest rates rise to 6%, what will be the value today of the annuity in 3 a?

  Explain diversity and older workers

If you were a hiring manager of a company what would you do differently to recruit and retain older workers and How would you improve the managing of age diversity within your company?

  Domestic and multinational enterprise

Human Resource Questions - short-term talent management strategy to get past the economic downturn and keep employees motivated until the market improves for both a domestic and multinational enterprise

  Strategy of growing customer relations

Need an explanation of the risks in the PR campaign strategy of growing customer relations and Explain what the risks and the weaknesses in the strategy would be

  Accurate manner of impending reduction in workforce

Create a Microsoft PowerPoint presentation, consisting of 10- to 12-slides, outlining the elements required to create a memo that informs staff in an accurate manner of an impending reduction in the workforce. Think about how you will be objective..

  Forms of employee empowerment

Research indicates that many employees who have input into job design and who are given greater responsibility frequently show far greater motivation. These innovative ideas are considered forms of employee empowerment.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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