scholarly journals Financial management competencies of money managers: bases for household net worth and satisfaction

1988 ◽  
Author(s):  
Patricia Mahoney Titus
Keyword(s):  
Financial Management ◽  
Management Competencies ◽  
Net Worth ◽  
Money Managers

Investor Biases in Financial Decisions

2015 ◽  
pp. 147-169
Author(s):  
Shalini Kalra Sahi
Keyword(s):  
Decision Making ◽  
Information Processing ◽  
Financial Management ◽  
Investment Decision ◽  
Self Awareness ◽  
Rational Decision ◽  
Net Worth ◽  
Financial Decisions ◽  
Investment Decision Making ◽  
Making Choices

Financial Decisions involve making choices between various investment alternatives, with the aim of increasing the individual's net worth. The investor today is exposed to various investment options, but does not have the knowledge and capability of evaluating all the options and making a rational decision. Due to the limitation in the information processing capacities of the individuals, their beliefs and preferences, the investment decision-making process, gets biased. This chapter highlights ten such biases and throws light on how they impact investment behaviour, both positively and negatively. This understanding of investor psychology will generate insights that will benefit the financial advisory relationship. Further for Individuals, recognizing how the biases impact their financial decisions, can help create self-awareness and an understanding that would help them in better financial management, in case these tendencies are leading them to make unsatisfactory investments.

scholarly journals Burning the buffer: New Zealand's budgetary response to COVID-19

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ian Ball
Keyword(s):  
New Zealand ◽  
Financial Management ◽  
Global Financial Crisis ◽  
Balance Sheet ◽  
Content Type ◽  
Net Worth ◽  
Fiscal Impacts ◽  
Financial Management System ◽  
The Global Financial Crisis

PurposeThe New Zealand Government has progressively strengthened its balance sheet position since the mid-1990s, other than for the four years immediately following the global financial crisis and the Canterbury earthquakes. This paper describes the nature and the forecast and actual fiscal impacts of the COVID-19 response, and identifies the transparency mechanisms which reveal these impacts. It also expresses a viewpoint on the implications of the COVID-19 response for the future resilience of the Government's fiscal position.Design/methodology/approachThe paper draws on the suite of official budgetary documents to demonstrate both the transparency of the disclosures on the COVID-19 impact and the substance of the forecast and actual fiscal impacts.FindingsThe paper reveals the change in the long-term fiscal aspirations of the New Zealand Government from one of achieving and maintaining a significant net worth buffer, to one which accommodates in the long-term a markedly smaller buffer and lower level of net worth.Originality/valueThe public financial management system in New Zealand is notable for its transparency. The Government's response to the pandemic is used to illustrate the nature and extent of that transparency.

Net Worth and Financial Satisfaction as a Function of Household Money Managers' Competencies

1989 ◽  
Vol 17 (4) ◽  
pp. 309-318 ◽  
Author(s):  
Patricia M. Titus ◽  
Alyce M. Fanslow ◽  
Tahira K. Hira
Keyword(s):  
Financial Satisfaction ◽  
Net Worth ◽  
Money Managers

scholarly journals Evaluation of Financial Management Competencies of School Principals and their Impact on Institutional Development at KP, Pakistan

2017 ◽  
Vol II (I) ◽  
pp. 85-102
Author(s):  
M. Anees-ul-Husnain Shah ◽  
Asghar Ali ◽  
M. Adnan Maqbool
Keyword(s):  
Financial Management ◽  
School Principals ◽  
Internal Audit ◽  
Institutional Development ◽  
Fund Raising ◽  
Management Competencies ◽  
Head Teachers ◽  
Female Principals ◽  
Urban Principals ◽  
Rural Principals

The study aimed at finding the impacts of secondary school principals financial management competency on the institutional development. All male and female principals of secondary and higher secondary schools of Khyber Pakhtunkhwa were the population of the study and among them a sample of 200 head teachers including 100 male (40 urban & 60 rural) and 100 females (40 urban & 60 rural) from two conveniently selected districts were selected. Two research instruments; one questionnaire for Principals and a checklist was developed. The data were analyzed through frequencies, percentages, mean and standard deviation and t-test. Major findings of the study were; majority of the Principals were competent in planning, organizing, and controlling financial matters of their schools except in the tasks of fund raising, and internal audit. Urban Principals were better in planning than rural Principals. It is recommended that rural Principals may be provided training especially about planning financial matters

scholarly journals Pengembangan Nata de Coco ala UD Citra Rasa

2021 ◽  
Vol 2 (2) ◽  
pp. 64-73
Author(s):  
Muhamad Fitrah Arjuna ◽  
Dedi Junaedi
Keyword(s):  
Production Process ◽  
Financial Management ◽  
Small Businesses ◽  
Small And Medium Enterprises ◽  
Financial Reports ◽  
Net Worth ◽  
Study Approach ◽  
Online Sales ◽  
Home Based ◽  
Medium Enterprises

Micro, small and medium enterprises or MSMEs refer to the types of small businesses that have a net worth of at most Rp. 200 million, excluding land and buildings where the business is located. MSMEs have proven to be resilient and able to withstand the economic crisis and monetary crisis in Indonesia. This paper aims to analyze UD Nata de Coco Citarasa in Bogor. The method used is descriptive qualitative analysis with a case study approach, observation and interviews. The result is . which is named the image of the taste of nata de coco, with the results of my interview with the owner that UD Nata de Coco is managed with a very simple management. Starting from the production process to marketing, and the production process is still using manually, there are no modern machines. Only use the tools in the kitchen in the production process. Marketing of their products is still not widespread, only by selling to small shophouses, and using word of mouth information, not using a separate website such as online sales. As a home-based business, financial management is still modest, not yet systematically following accounting standards. The financial reports are still integrated with the family finances.

scholarly journals Become Captain of Your Financial Ship, Unit 1: Charting the Course

EDIS ◽  
2007 ◽  
Vol 2007 (2) ◽  
Author(s):  
Josephine Turner
Keyword(s):  
Financial Management ◽  
Money Management ◽  
Net Worth ◽  
Slide Presentation ◽  
Fact Sheet

FCS7221, a 27-page curriculum by Josephine Turner, is Unit 1 in a series on personal financial management. It includes a slide presentation and a fact sheet and set of worksheets on money management that will help consumers understand their goals, their net worth, and their spending habits, and then develop a spending plan. Published by the UF Department of Family, Youth and Community Sciences, January 2007. Ask IFAS: Become Captain of Your Financial Ship curriculum (ufl.edu)

scholarly journals Evaluation of Financial Management Competencies of School Principals and their Impact on Institutional Development at KP, Pakistan

2018 ◽  
Vol III (I) ◽  
pp. 518-537
Author(s):  
M Anees-ul-Husnain Shah ◽  
Asghar Ali ◽  
M Adnan Maqbool
Keyword(s):  
Financial Management ◽  
School Principals ◽  
Internal Audit ◽  
Institutional Development ◽  
Fund Raising ◽  
Management Competencies ◽  
Head Teachers ◽  
Female Principals ◽  
Urban Principals ◽  
Rural Principals

The study aimed at finding the impacts of secondary school principals’ financial management competency on the institutional development. All male and female principals of secondary and higher secondary schools of Khyber Pakhtunkhwa were the population of the study and among them a sample of 200 head teachers including 100 male (40 urban & 60 rural) and 100 females (40 urban & 60 rural) from two conveniently selected districts were selected. Two research instruments; one questionnaire for Principals and a checklist was developed. The data were analyzed through frequencies, percentages, mean and standard deviation and t-test. Major findings of the study were; majority of the Principals were competent in planning, organizing, and controlling financial matters of their schools except in the tasks of fund raising, and internal audit. . Urban Principals were better in planning than rural Principals. It is recommended that rural Principals may be provided training especially about planning financial matters.

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