Fin 420 Week 2 Dq 1

FIN 420 Week 2 DQ 1

Consider your personal cash flows. How would you adjust cash outflows (i.e. adjust your budget) if your household income was cut in half? If your cash inflows increased, how would you reallocate your surplus to meet your personal needs and objectives? How do you use credit as a part of your personal financial plan?
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FIN 420 Week 2 DQ 2

Many different types of financial institutions exist. Differentiate between deposit institutions and non-deposit institutions. Provide two examples of deposit and non-deposit financial institutions with a brief explanation of each. How can you use each of these financial institutions to manage your cash flows and develop or enhance your personal financial plan?
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FIN 420 Week 2 Individual Assignment Worksheets 6 and 7
Resource: Ch. 2 of Focus on Personal Finance

Complete Worksheets 6 and 7 of Your Personal Financial Plan at the end of Ch. 2 of Focus on Personal Finance.

•     This entire assignment must be presented in a single MS Excel® spreadsheet file (not in an MS Word® document).
•     Use 2 separate sheets within a single file, 1 for the goals and a 2nd for the action plan.
•     Format your spreadsheet professionally.
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FIN 420 Week 2 Learning Team Deliverable (Update on Final Project)
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