If there is one area that governments and their education systems let down our children, it is in the area of financial education. Education systems including schools and universities provide our children with the skills and information to get a job, pay tax and therefore support the government. It is time for our kids to be taught that there is a lot more to financial education and managing money including how to save, how to invest and and how to make money work for you.
Children learn about the power of money at a very young age. Children as young as 1 or 2 years will ask for lollies or a chocolate bar as you leave the supermarket and realise very quickly that you need money to pay for these. By the age of 4 most children enjoy playing with money and paying for small items themselves. Money is also a great tool for teaching children how to count, add and subtract.
As children gain more interest in money and its purchasing power, they want to know how to get their own money. There are many ways to teach them this, including doing odd jobs for mum, dad, relatives or friends, receiving a weekly allowance or receiving money as gifts.
It is at this stage that our schooling system should begin its involvement in our children's financial education. Teaching children to save a percentage of the money they earn or receive is a critical lesson and a skill that will assist them right through life.
Keeping track of your money is also a very important skill that needs to be learned by children. If children keep track of how much money they have, how much is received and how much is spent, children gain a solid base for the future.
As children progress through school, the focus of their education is on how to learn the skills to get a job or how to gain the knowledge to be accepted at university. If children take the job, then they end up paying tax to the government. If they go to University they pay the government to do this and then leave University to get a job and pay the government more tax because they often earn more money.
There are many ways that children and teenagers can learn about money. Most children know how to earn it. Earning money is the easy part. How to budget, how to save, how to invest are critical skills for our children to learn and if the system does not teach these skills, then it is up to every parent in the world to assist their own child to be educated financially.
With the growing number of baby boomers around the world, it is vital that our children become self-sufficient when it comes to money, and now is the time that we should all take some action.
Spending money is fun and most people are very good at this. Saving money is also important and so are the skills of making and managing money.
Saving money is an important step towards securing one's future. However, not everyone knows how and where to invest their money to seek fruitful returns. Here is where a financial planner steps in. To gather more information about becoming financial planner, read on.
A financial planner is a person who educates people about the necessity and advantages of investing money, and also guides them in making lucrative financial decisions. Financial planners analyze an individual's current salary, lifestyle, priorities in life and also his/her financial goals, and make out a financial plan that would help in reaching the set goal. Financial planners, also known as financial advisers, helps people in insuring their money for emergency purposes. Some people take up the responsibility of financial management themselves, however there are chances that they may make mistakes due to inadequate knowledge and inexperience in the financial sector, causing them to lose their hard-earned money. Taking the help of a financial planner has become quite common in recent years, either because people are too busy, or because they do not want to take a risk of wrongly investing their money.
The job of a financial planner is very hectic and involves huge responsibilities. In this age, when people are very busy, they rely on financial experts to make important decisions regarding their money. For this reason, the popularity of financial planners have increased. Here are certain important things you have to know about becoming a financial planner.
Becoming a Financial Planner
It is said that to become a financial expert, one need not have a bachelor's degree. However, it would add to your work profile and earning potential, if you secure one. If you are thinking of becoming a financial planner, it would also be beneficial to complete your graduation in the field of finance, economics, mathematics, statistics, business or law. You can also enroll into financial planner courses that impart knowledge about estate planning, investments, risk management and taxes. Graduating as a Chartered Financial Analyst or a Chartered Financial Consultant would also greatly help one in becoming a financial planner. One can also take up these financial planning courses online, if one does not have the financial resources or time to physically attend classes. Studying these subjects would help in understanding issues and intricacies of financial management.
To practice as a professional financial adviser, one needs to become a certified financial planner, for which one has to obtain the Certified Financial Planner certificate. People who want to achieve this certificate should have a graduate degree, and most importantly, at least three years of experience in a related field. The three years of experience is where you would receive the actual training for your career as a financial planner. You would be dealing with the practical aspects of what you have studied in your courses. During this time you would learn how to make customers, how to deal with them. Your main job would be to guide them in planning their finances according to individual needs. This would also help you in building up business relationships and clients.
Once you complete the experience requirement, you would have to give a financial planner exam that tests your skills as a financial adviser. Passing this would make you certified financial planner. You would also have to undergo an ethical practice and background check. After you become a certified financial planner, you can either work at an investment or financial management company, or else can set up your own business as a financial adviser.
The salary system for financial planners are very different. Initially, when you start your career, you would enjoy a fixed salary, though it would not be a very huge amount. However, once you become a certified financial planner, your income would depend on commissions and sometimes direct payment for the service you have provided to the client.
Financial planner careers have become one of the most sought after careers in recent years. Along with educational qualifications and experience, one very important thing that you would need is excellent communication skills. Hope this article has helped to deal with some important aspects that will help you in your quest.
A company's general marketing plan describes how it will be able to convince potential clients to purchase its products and services. One part of that plan is the marketing activity planner. This is how activities outlined in the general plan are prioritized so that they can be arranged into a timeline that is beneficial to the company.
It would be wise to work on preparing your company's marketing activity planner at the same thme as the annual plan is developed. Although this is traditionally done at the beginning of the company's fiscal year, it really can be done at any time. Adjustments can also be made as you see fit.
In order to begin setting up your planner, you need to work on a calendar. One way to keep important dates in your team's minds is to put a physical calendar up on the office wall. Your marketing planner will explain exactly what steps are necessary in order to make a strategy work. Remember to take your budget into consideration as you set up these activities.
There are a plethora of different techniques you can put to work for your company. The Internet offers you e-newsletters, search engine optimization, email campaigns, blogs, social networking sites, web design, Google AdWords, pay-per-click ads, and article marketing. Traditional print marketing can be done with press releases, brochures, and direct mail. Branding is another powerful device.
Other marketing efforts include giveaways, networking, trade shows, case studies, outsourced telemarketing, white papers, competitions, charity events, marketing consulting or coaching, seminars or webinars, and many more.
A marketing activity planner takes patience and hard work to develop, but it can do wonders for your sales. Select some strategies from those listed above and use them to draw in new leads and customers for your business.