buy custom The Financial Planning Process Essay Examples

buy custom The Financial Planning Process Essay Examples The Financial Planning Process Strengths Bill and Jan may have real financial planning problems that they can offset with a better planning approach. However, this consideration would not be possible if they did not have any form of income they could budget their needs and wants on. Based on the $60,000 household they currently have, both Jan and Bill have the potential to budget in a better manner as they are not in deep debt. In such case, the income they bring in from their respective sources is above the average that lower middle class households have and, therefore, they have a better chance of settling their mortgage loans and servicing their car. However, while these are the considerations, the savings they have exceed $3000, but are lower than $4000, which is way above the $5000 they make in a month given the annual income of $60,000. In this case, it is strength to consider that, given the major budgets the two consider, they are able to secure above 50% in savings.

The Man On The Moon essays

The Man On The Moon essays In the early 1950s, America and the Soviet Union competed in the greatest race of all time. It was the race to space, more specifically the race to the moon. The Space Race became a symbol of a broad political contest between two rival world powers. Both the U.S. and the Soviet Union struggled to reach the moon, and put man on it. Before a watchful world, each side sought to demonstrate its superiority through impressive feats in rocketry and space flight.(Space Race). The Soviet Union put the first satellite into orbit, as well as the first human in space. America had to reply, so we in turn put the first man on the moon, with the Soviet Union following close at our heels when they nearly succeeded in doing the same. Since America was in such a rush to reach the moon, several skeptics, and conspiracy theorists have brought up the idea that this historical event was possibly faked. There is a good deal of evidence that demonstrates no one had actually ever landed on the moon. NASA may not have had the technical capability of going to the Moon just yet, but pressure from the Soviet Union may have forced them to fake it. The first bit of actual evidence brought up is the lack of stars in the pictures taken by the Apollo astronauts from the surface of the Moon (There are none!). Without air, the sky is black, so where are the stars? More evidence also involves pictures. In all the pictures taken by the astronauts, the shadows are NOT black. Objects in shadow can be seen, sometimes clearly, including an American flag symbol on the side of the moon lander that can be read easily. If the Sun is the only source of light on the Moon, the skeptics say, and there is no air to scatter that light, shadows and everything in them should be completely black also. Several pictures from the Moon are shown where objects on the lunar landscape have long unparallel shadows. If the Sun were the only l ...

Discuss the presence of islamic banking in Palestine Essay - 1

Discuss the presence of islamic banking in Palestine - Essay Example g products as per the needs of the targeted population, investors in Palestine sought to address the need of having a banking system that would be in line with Islamic laws and practices. The main that the Islamic law prohibits is that of money accruing interest, which is factor that dates back to the time of Prophet Muhammad (El Tiby 2010, p. 7). The interest for Palestine to start Islamic banks began in 1990 when businessmen started to push for the idea. This process began by the Muslim businessmen establishing a Finance Company that was to operate on Islamic principles, because the Israeli authorities had refused to oblige to this request. The company was named the Beit Elmal Al Philisti that was licensed for operation on 22 February 1994. Presently, banks in Palestine are classified as either conventional or Islamic banks with 83 % being the percentage of the conventional banks while the rest are the Islamic banks in The region (Sabri 2009, p. 58). The Islamic banks operating in Palestine include the Palestine Islamic Bank, Islamic Arab Bank, Cairo Amman Bank and Al-Aqsa Islamic Bank that were established between 1995 and 1998 (Palestine Investment Fund 2014). The main challenge that banks face is the fact that they have to compete in the same market as banks that were established more than 60 years ago such as the Arab Bank. However, this has not deterred these banks from making profits because they also provide investment opportunities that are attractive to the markets they target. Additionally, investment opportunities are scarce making competition between banks to be stiff and making it hard for new banks to penetrate this market (Gompert et al 2001, p. 121). Islamic banks, however, got into business based on them developing products such as Mudaraba, Musharaka, and Murabaha that provided new investment opportunities (Askari, Iqbal & Mirakhor 2011, n.p). The banks also had to devise new pricing so that they could attract profits based on the commission