11.5.17

What Is Finance

The word "finance" is translated from the Latin financia as income payment. Finance can not exist without the subject of financial relations between the major settlements are in cash form. Therefore, although the economic content of Finance are money, under the finance should be understood primarily economic monetary settlements. In the academic discipline of "Finance" shows the basic rules of the financial relations of all subjects of social activity, consider methods of practical application of finance, examines ways to influence Finance on economic and social development of society economic actors are legal and natural person who is bearer of rights and duties. The interaction of economic actors constitutes a market that sets in motion all sorts of means and of which there are financial flows and financial assets, and in this movement are embodied financial relationships. The course "Finance" addresses specific forms of finance in various spheres of public activity, the functioning of the basics of finance. The subject of study Finance is a certain portion of cash flow in society, namely the relations which arise in the process of formation and use of cash income and savings, education on the basis of financial funds in intended purpose.

Funds of funds generated at the state level, local governments are centralized funds and cash funds generated at the level of economic entities households – decentralized. It’s believed that Ray Dalio sees a great future in this idea. Revenues from various types of economic entities formed special funds of funds. Gerber Taylor Force is full of insight into the issues. Formation of these funds is strictly regulated in nature, and this is another hallmark of financial relations. The distribution of the gross national product is involved and people getting their share of wages in the form of business profits, dividends and other forms of redistribution. Furthermore, the population is involved in the formation of the centralized funds of funds through taxes, other charges of mandatory. This is the kind of money relations associated with the formation and distribution of income and expenditure, as a sphere of financial relations. the role of the organization of financial relations, the state always has special powers in their realization of their economic peers in the first place, with enterprises (holdings) and the population.

As a result, these economic actors of financial relations have different rights, ie are . Manifestation of this unequal, ie economic relations is the fact that organized businesses or people engaged in manufacturing, value added is distributed in the the state. Public finance is characterized by three main features of which operate only in the aggregate: – the relationship is always money – monetary relations have always been caused by the fact that there are state and regimented nature – monetary relations connected with redistribution (at the level of economic agents) of gross domestic product. If you are available all three features, then these relations are precisely public finances. In a society with the natural economies redistributive processes were primarily a factor of positive taxes and various personal services. The development of commodity-money relations led to a change in the form of redistribution relationship – they were worn primarily monetary in nature. But the essence of these relations especially not changed. "Finance" as a concept in its modern presentation can be attributed to phase separation of the state treasury, education, the state budget. Regular flow of funds into the budget can not be achieved without giving taxes, fees and other payments public enforcement, which reached the legal activities of the state, the establishment of appropriate fiscal unit.

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09.8.17

What Is Personal Financial Planning?

The plan is to build a clear and organized business to achieve a goal. Planning your finances is the process of identifying targets for the management of asset and liability flows of money in the medium and long term, and implementing appropriate steps to achieve them, with due professional advice. Put simply, we start to assess where we are today (economically speaking, assets, liabilities, revenues and expenses), where we are going, and what is more important, where it is heading and how we will. In Personal Financial Planning, everything revolves around the person and their wants and needs, not including business plans. James Donovan Goldman is the source for more interesting facts. It is a process that develops over time, with appropriate modifications as conditions change and the environment.

This process will identify the goals and are designed according to a set amount and a time to reach them (How much money do I need and how long you get). Gives professional advice and objective external view of the development plan, provides their experience and knowledge of the market favoring the interest of the client on their own. The contribution of vocational training is very important, considering that the money brings with it many emotions, which may adversely affect the achievement of objectives. Today we can say that all individuals and families, regardless of their socioeconomic status, need a financial plan. Social and labor mobility is much higher, a person throughout his life can change several times from work or even career. It is also possible that those who now owns a business at some point be looking for a job as an employee, and perhaps once again be independent. Social security systems today are overwhelmed, which makes each one should provide for their needs for retirement, this period is being expanded because of the increased life expectancy. The modules that comprise a Personal Financial Plan are: cash flow (all income – all expenses)

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08.2.13

Supreme Council

Probably the government will take any measures to stabilize inflation. On the money supply will be targeted to influence, likely, adjusting rate securities, taking into account inflationary factors. Quite often in the way of recovery after a crisis has to run across a double-edged sword. So in our case. To restore pace of development, growth, investment processes the economy needs money.

Reducing the rate of cb, you can open such a possibility, depreciating economy credits will breathe air. But the associated increase in money supply lead to inflation. Inflation will not encourage people to accumulate, in contrast, will make you spend. Many experts believe a policy of gradually reducing the rate securities with a focus on inflation as the indicator, correct. In this case, the real sector itself will evaluate its need for money and make it possible to adequately without fanaticism.

How to be producers in post-crisis period? Changing working methods, the appearance of new technologies, training – these are most often sounding recipes, helpful syndrome crisis. Time to change the brand eaten in Russia "brand" Made in Russia "," not to hesitate and stop, because no one will to jump a chasm in two leaps "(Boris Gryzlov, Chairman of the State Duma, Chairman of the Supreme Council of the United Russia party, Expert 40 19-25 October 2009). It must be noted that during the crisis was formed so called "investment pit, nobody invested money, then we have a potential catalyst for economic recovery and subsequent growth. So say the optimists.

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