Finance Questions

Archive for January, 2007

Question: I want to be better at managing my personal finances and investments - is there a course for this?

I have seen courses for business accounting but does anyone know of a course for Personal Finance? I am in London, UK.

Answer: You can try searching up more on the course Certified Financial Planner (CFP). There are UK providers and exam centers for this course.

The course topics are:
- Risk Management
- Insurance Planning
- Tax Planning
- Estate Planning
- Investment Planning
- Retirement Planning

Just search "CFP UK" and I am sure you can find a local provider.

FLORIN: Personal Finance Tracker Demo

Question: why commercial bank and Finance Company need to combine?

give cause and reason...

Answer: there is no reason why a commercial bank and Finance Company combine for the following reasons;
a commercial bank works under the overall supervision of an organ of the goverment like reserve bank of india.the common goal of all commercial banks is to provide banking services to the enterprise in the country so that economy remains vibrant.
the working norms,credit aspects and lending rates are closely supervised by a central govt owned agency like reserve bank of india.
on the other hand a Finance Company has a limited role and generally confines its activities by serving a few.they work under the supervision of their owners like partners or board as the case may be.
the only common feature in both is that providing finance!
except this they are poles apart!

Leslie Johnson of Marquette Commercial Finance speaks at TechAmerica Financial Executives Roundtable