Posted: October 12th, 2022
Budgeting And Cashflow Assignment | Homework For You
Requirements: Part A – Budgeting and cashflow (10 marks)
1. Clearly identify if Jake is on track to meet his savings goal. If Jake is not on track, construct a monthly budget for Jake that will enable him to achieve his financial goals. Make sure you justify your recommendations. Demonstrate how this budget will allow Jake to achieve his goals. Show your working. (5 marks)
2. Review other aspects of Jake’s finances. Make other recommendations based on what you have learned in this unit so far. (5 marks)
Part B – Research and investment recommendation (10 marks) You are required to make a recommendation on whether Jake should work towards buying a home or investing in shares. You must use research to inform your recommendation. This should be in the form of industry or government reports, news articles (not blogs), and peer-reviewed (academic) literature. Make sure you consider the relative benefits and risks of each investment, the expected return (from research), and any tax implications. Please note:
• You are not required to prepare a Statement of Advice. This is a research report and should follow the requirements as listed above.
• You will not be recommending actual financial products. It is sufficient to identify the broad product groups.
• Clearly state any assumptions. Provide references for assumptions where possible.
• The level of analysis expected of students is in line with what you have learnt in this unit. Students are not expected to demonstrate extensive knowledge of investment analysis beyond what is covered in this unit. Professional Communication Your assignment must be presented using a report style.
This includes: • A cover page • A table of contents • A brief introduction and conclusion • Headings for the different sections of the report • A reference list (not a bibliography) • Any appendices that are necessary • APA referencing • The length of your report is 1500 words. Tables are not included in the word count as long as they are inserted as an image. Appendices are also not included. Finance homework help
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