What are specific actions that health professionals can take…

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Question Answered step-by-step What are specific actions that health professionals can take… What are specific actions that health professionals can take regardless of their practice area and site to promote population and community health? Health Science Science Nursing Share QuestionEmailCopy link Comments (0)

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Description The best time to start thinking about what to do to get your financial affairs in order is now. Devising and implementing a financial plan will have a significant impact on your finances today and the future for years to come.A financial plan is not a 100-page document you put together and let it sit on a bookshelf; it is a living document that should be reviewed periodically to reflect your current and future needs, wants, and wishes. At a minimum, that plan should include your budget, investment strategies, debt management, risk management, emergency fund strategies, retirement and estate planning.You decide to meet with Jeff, your financial planner, to go over your finances. Jeff understands that you have a good understanding of personal finance, but you also have questions. To get started, he asks you to put together a comprehensive financial plan as a PowerPoint presentation.In your PowerPoint presentation, you will need to explain the following:Foundations of Financial PlanningProvide an example family budgetCreate 3 short- and 3 long-term financial goalsManaging CreditExplain the credit score and where you can find itExplain why the score is importantDemonstrate how you can protect the scoreAsset ManagementExamine debts including credit cards and loans and their impact on your budgetDescribe savings and the different types of savings accountsExplain bankruptcy, categorize types of bankruptcy, and formulate ways to avoid itTax PlanningExamine the types of taxes which affect budgetingCreate your tax strategies to cut your tax billsInvestment PlanningState your risk tolerance and your rationaleCompare investment optionsExamine the merits of diversificationInsuranceExplain types of insurance policiesExplain steps to calculate your insurance coverage needsRetirement and Estate PlanningCompose a list of tasks you can implement today to prepare for retirementExplain how trusts are used in estate planningList of questions you want to go over with Jeff during the meetingInstructions for the presentation:Use the notes area on each slide and include citations.Include links to 10-12 resources for anyone wanting more information at the end of the presentation, before the reference slide.Your final slide(s) should be the reference page for sources cited in the Notes.NOTE - APA formatting for the reference list and proper grammar, punctuation, and form are required. Tags: financial planning Personal Finances family budget Managing Credit Foundations for financial planning User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
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