Family Financial Management

Planning for the Future

The article deals with financial planning and what is important in all areas but this time we have financial planning in the home, this lets you create a budget which identifies the normal costs and those to be reduced, and savings goals that can be proposed for the benefit of the family.

Money management in the family should be taken into account in today's society, helps to avoid delays in payment of the cost, programmed savings, retirement plans, in today's society, families work to pay its expenses and obligations and not in the habit of saving to enable them to achieve their dreams like to enjoy a trip, home ownership, a car.

The article suggests that financial stability is achieved when people are able to meet the daily obligations, including the establishment of a savings plan, reducing debt to a manageable level, and the establishment of a fund Emergency equal to the cost of maintenance of 3-6 months, but both is possible to do this in Colombian homes in this part of different factors involved such as social and cultural rights, we are so used to program our finances?

The proposed act of creating a budget that will allow families to see their current financial situation and let you see that the expenses can be reduced.

The first step is to organize all your financial information, for it would be useful to use a spreadsheet where we record the following information.

• Bank statements

• Monthly invoices (eg, credit card, electricity, telephone)

• Monthly income information, complementary

You must have a monthly budget of income, only take into account the steady income, ie the usual income.

Must calculate the average monthly expenses include the usual costs and incidental expenses or entertainment expenses and others.

Then subtract the cost of monthly income manuals to determine the monthly balance, here we tell you how much money you should have at the end of the month to put into savings. If you have a monthly has a negative balance (you're spending more than you earn), it is necessary to reduce expenses.

Finally discusses the costs to see where it can be reduced, usually where the most can be reduced are entertainment expenses, the expenses are very high and can be repeated several times a month.

Set targets for reducing debt

Credit cards could say that the costs are more worrisome because interest rates are high and access to a credit card is making it easier for families to go into debt more easily. They advise debt pay credit card to a fixed timetable.

Savings Goal Setting

If we reduce the cost of entertainment we can start saving, putting goals fortnightly or monthly savings by starting with small amounts of money up to save programs and organizations.

We believe that well-implemented financial planning at home lead to develop a better standard of living, reduce the level of concern and raise the level of satisfaction as there are savings plans in times of emergency and planned future events in the family.

 

LAS DECISIONES DEL PRESUPUESTO DE CAPITAL

Evaluación del impacto de la inversión arriesgada propuesta por Suarez Manufacturing en el valor de sus acciones.

A principios de 2007, a Inez marcus, vicepresidenta de finanzas de Suarez Manufacturing, se le asignó la tarea de evaluar el impacto de una inversión arriesgada propuesta en el valor de las acciones de la empresa. Para realizar el análisis necesario, Inez reunió la siguiente información sobre las acciones de la empresa.

En los últimos 5 años (220-2006), los dividendos anuales pagados sobre las acciones de la empresa fueron los siguientes:

DIVIDENDOS ANUALES OBTENIDOS POR ACCION
2002	1.3
2003	1.4
2004	1.55
2005	1.7
2006	1.9

La empresa espera que, sin la inversión propuesta, el diviendo de 2007 sea de 2.09 dólares por acción y que la tasa de crecimiento anual histórica (redondeada al porcebtaje entero más cercano) continúe en lo futuro. Actualmente, el rendimiento requerido de las acciones comunes es del 14 por ciento. La investigación de Inez indica que si se realiza la inversión propuesta, el dividendo de 2007 aumentará a 2.15 dólares por acción y la tasa anual de crecimiento de dividendos aumentará al 13 por ciento. Como resultado del aumento del riesgo relacionado con la inversión arriesgada propuesta, se espera que el rendimiento requerido de las acciones comunes aumente 2 por ciento a una tasa anual del 16 por ciento.

Con la información anterior Inez debe evaluar ahora el impacto de la inversión arriesgada propuesta en el valor de mercado de las acciones de Suarez. Para simplificar sus cálculos, planea redondear la tasa de crecimiento histórica de los dividendos de acciones comunes al porcentaje entero más cercano.

VALOR PRESENTE POR ACCION	72.5
VALOR PRESENTE POR ACCION EN CASO DE REALIZAR INVERSION	71.6666667

VIDENDO ESPERADO SIN INVERSION	2.9
RENDIMIENTO REQUERIDO	14%
TASA ANUAL DE CRECIMIENTO	10%
DIVIDENDO ESPERADO CON INVERSION	2.15
RENDIMIENTO REQUERIDO CON INVERSION	16%
TASA ANUAL DE CRECIMIENTO CON INVERSION	13%

El efecto que tendría la acción al hacer la inversión, es que bajaría de precio pero aumentaría la rentabilidad anual.Los accionistas perdienron ya que las acciones bajaron de valor, aunque su rentabilidad haya aumentado. La empresa no debe llevar a cabo la inversión ya que depreciaría sus acciones.