Categories: blog

which one of the following questions is least likely to be addressed by financial managers?


Money management is one of the biggest challenges for most people. It’s not just about how much money you have or how much you have saved, although that is important. Most money managers look at your financial status and your current financial situation and attempt to predict what you need to do next. If you ask them why they suggest you should keep money in a savings account, they’ll tell you that they’re looking for consistency in the amount of money you keep.

Saving money is often just a matter of having enough money to live on, so it’s very difficult to justify keeping much money in a savings account. The average savings account holder only has enough money to do one month of bills, so if you have to pay a bill, you have to put it on credit until you get paid.

In order to be consistent you need to be able to put away more money than you have on credit so that you can pay your bills and pay off any credit cards youve taken out.

Savings accounts are different from checking accounts. Checking accounts (aka debit accounts) allow you to put aside money as you receive bills, while saving accounts allow you to put away money as you make payments. The other difference is that checking accounts are usually tied to a bank, and savings accounts are usually tied to a mutual company like your 401k or IRA.

Saving accounts are available for any reason. It’s a good idea to put money away as soon as you receive a bill or a paycheck. You can even put away more than you have. As with anything financial, there are no rules. The good news is that you can put away money for as long as you want. The bad news is that you can’t put away any more money than you have right now.

You can spend, invest, or save as much as you want. But its important to keep in mind that you can only spend what is your available balance. So, if you dont have enough left for retirement or child care, you cant spend it. You can save for retirement, but its best to put away more than you already have.

With financial managers, it seems that we get a lot of advice on how to invest. But that advice is mainly based on the assumption, that if you invest the right way, you will get the right results. And that’s a pretty big assumption. So, if your portfolio isnt doing what you want, you can’t expect it to grow in the same direction. You have to go after the investment opportunities that are right for your situation.

And that is the whole point of this blog post.

Radhe

Well, since we already know each other I think it would be great to get acquainted with you!

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