Financial Planning Forms

Oh my gosh, I love this question.  I'm going to spend a lot of time on this answer!Financial Skills:  How to open a checking and savings accountHow to balance a checkbook, emphasizing the use of debit cards and how banks process transactions"Credit" - What is it, how do you build it, how do you repair itCredit Cards - How interest works, how to take advantage of rewards and balance transfersLoans - What are the different kinds of loans, how do you get them, and what's involvedInvestments - What is the stock market and how does it work, what are Treasury Bonds, and what's an IRA.  How do those things factor into a wise investment strategy for your retirement?Taxes - How taxes work, what deductions are, how to file a 1040EZ formTipping - How to quickly calculate a tip and split a tab at a restaurantHow to read a contract and interpret "fine print"Health Skills:Medical Insurance - how it works, what it costs, how to get itHow to fill out common medical and dental formsHow to find a general practitioner, dentist, and so onBasic First Aid - CPR, the Heimlich, how to treat minor injuriesHome Skills:How to cook!  You don't need to be on Master Chef, but learning how to cook a few basic dishes, how to use a knife properly, use basic kitchen appliances, and so on.How to clean!  I have no idea how so many kids don't know how to vacuum, sweep, dust, do dishes, make a bed, and clean and fold laundry.How to grocery shop - picking fresh fruit and vegetables, planning your shopping and meals, etc.How to use hand tools - hammers, axes, handsaws, et ceteraHow to move - opening or transferring utility accounts, moving companies, apartment and home leases.How to sew a button onHow to fix a running or clogged toilet.Life Skills:How to plan and budget your time!How to think critically.Negotiation - Preparation, discussion, clarification, negotiate, agreement, and implementation.Leadership!  Vision, strategy, people skills, managementCONFLICT RESOLUTIONStress management!Problem solving!Study Skills:OrganizationTime managementFinding legitimate sourcesNote-takingCritical readingEssay planning and compositionAcademic referencingHow to use search engines effectively!Employability Skills:How to write a resume and a cover letterHow to interviewProfessional communications skills (both written and verbal)Interpersonal skills in a professional environmentProfessional developmentPublic speaking!How to use a computer - Windows, Google, and MS Office basics at a minimumPersonal:How to interact with the policeHow to tie a tie!How to iron clothesHow to establish a healthy exercise routineHow to maintain proper personal hygeine and groomingMANNERS - It varies from culture to culture, but the underlying principles of all manners remain constant: a respect for others, and a desire to treat all people with honesty and consideration – just as you’d like to be treated.Alcohol:Knowing your limitsHow to mix a basic set of drinksTravel: How to book airline tickets and hotelsHow to pack wellHow to travel lightAutomotive:How to drive - Actual skilled instruction on driving, a la Teen Safety & Survival - Skip Barber Racing School, both automatic and manual transmissionsThe basics of how a car worksThe basics of car maintenanceHow to change a tireHow to parallel parkHow to jump start a carWhat to do if you get into an accidentRead a road mapSex:Comprehensive sexual education including the vectors and effects of sexually transmitted infections, what are and how to use the various forms of contraception, what is PrEP, etc.The Campsite Rule - Leave them in better condition than you found themSafe, Sane, and Consensual - How to have safe sex, do it while you're sober, and with full informed consent from your partner.

How should one account for the value of non-qualified deferred compensation and pension plans and its distributions when filling out the college tuition financial aid forms in FAFSA?Elective employee contributions to and all distributions from the non-qualified plans during the FAFSA’s base year are reported as income on the FAFSA. Employer contributions are not reported as income. If a reportable contribution or distribution is not reported in adjusted gross income (AGI), it is reported as untaxed income of the FAFSA. This is no different than the treatment of qualified retirement plans.A non-qualified plan should not be reported as an asset, if access to the plan is restricted until the employee signNowes retirement age. But, many non-qualified plans provide the employee with access to the plan after employment is terminated, not just when the employee signNowes retirement age. If so, the non-qualified plan should be reported as an asset on the FAFSA, to the extent that it has vested.

How to prepare for IBPS POIn theory, there is no difference between theory and practice. But in practice, there is.- Yogi BerraBefore you start your preparation you must be aware of the every nitty-gritty of this exam. For the details, Visit official website of IBPS ( http://www.ibps.in), download IBPS-PO notification and go through it to know every crucial details about the exam like exam pattern, negative marking, scheme Of examination etc. Examination structure consists of three phase :Preliminary ExaminationMain ExaminationInterviewBefore preparation, we must know the previous year cut-offs and type of questions asked in last year exam. So , please search for IBPS-PO-VI exam analysis on http://www.bankersadda.comCut-off Score  IBPS-PO-V ( Pre & Mains)IBPS-PO-VI ( Pre & Mains)Interview The total marks allotted for Interview are 100. The minimum qualifying marks in interview will not be less than 40%, weightage (ratio) of CWE (Main exam) and interview will be 80:20 respectively. The combined final score of candidates shall be arrived at on the basis of scores obtained by the candidates in the Main Examination of CWE PO/MT-VI and Interview. Therefore, if you want to get selected in the final list, you need to score 20+ marks more than cutoff in Main Examination, i believe.  IBPS PO-VII will be schedule in the month of October7 Oct 20178 Oct 201714 Oct 201715 Oct 2017& mains will be in the month of November26 Nov 2017.Now, let's start with the preparation part. We need to prepare for the 5 different sections viz.Quantitative AptitudeReasoningEnglishGeneral AwarenessComputer AwarenessENGLISHTopics to focus onReading ComprehensionCloze TestSentence Correction and sentence ImprovementSpot the errorFill in the blanks ( single filler & double filler )Para jumbles ( Arrangement & odd one out)Vocabulary ( synonyms & antonyms)Para completionTips for EnglishStart reading. Read newspaper. Newspaper is going to help you in preparing current affairs as and it will build up your comprehension ability .For Grammar, Refer to Plinth of paramount by Neetu Singh. Don't try to cram all the rules, just go through them and in examination, trust your instincts.Noun, subject-verb agreement, articles & preposition , these are important chapters.Learn Vocabulary and idioms & phrases given in book.Start practicing from a test series or from online quizzes.Reasoning AbilityTopics to focus onSeating arrangement ( Linear, circular, square)Coding-DecodingMathematical InequalitiesBlood relationsSyllogism & reverse syllogismPuzzlesDirection and DistanceClassification/AnalogySeries (Alphabetical, Number & mixed series)Ordering and rankingMachine Input-OutputLogical reasoningCause & effectStatement & ArgumentStatement and and course of actionStatement & assumptionDrawing inferencesData sufficiencyTips for ReasoningLearn how to solve every type of questions with the help of a teacher or from online YouTube channelAdda247Feel free to learnMahendra GuruUnacademyWhen you done with concepts, start solving previous year question and test series. Practice is is the key .Computer Awareness Topics to focus on :Tips for computer AwarenessComputer Knowledge is a section; in which if you’ve done the right preparation you easily score marks.Get any computer Awareness booklet & go through it twice and start solving questions asked in previous examinations.Go through bankersadaa computer capsule.Quantitative AptitudeTopics to focus onSimplification & approximationPercentageProfit, Loss & discountTime and WorkRatio and Proportion & partnershipInterest (Simple and compound)Number Series(Missing & Wrong)Quadratic EquationsMixture & AlligationTime, speed & distanceBoat & streamTime & WorkPipe and cisternAverage & AgesData interpretationLine GraphBar GraphPie-ChartTabulationMix diagramsRadar graphCaseletsCircle & mensurationData sufficiencyPermutation & combinationProbabilityTips for Quantitative aptitudeLearn concepts of all the chapters using Class notes of Rakesh Yadav Sir or Quantum Cat by Sarvesh K. Verma or from YouTube VideosLearn square of numbers upto 30 , cubes upto 15 & tables upto 20.Practice 50 questions for each chapter and then start solving mock papers & online quizzes.General Awareness (Banking Awareness)Banking Awareness & static GK from bankers adda capsule ( or from any coaching booklet)Glance through the newspaper everyday. Read Business section carefully & editorials related to economy.You will find a lots of fodder points below the images in newspaper.Go through the current affairs of atleast 4 months before the exam date.Refer to The Hindu monthly review by bankersadDaBankers adda capsuleStudyIQ weekly current affairs on YouTubeTest Series Career Power & Olive board are best.Important websites and applications that can be of immense help in preparation :  Websites:http://www.ibps.inwww.rbi.org.inwww.bankersadda.comwww.affairscloud.comYouTube channels :UnacademyAdda247Mahendra GuruFeel free to learnStudyIQMobile Applications :Adda247grade upThe HinduVocab24P.S. : A million dollar advice  A mock a day keeps the failure away.Happy Practicing!!!

Hi Nayra,Have a detailed day wise plan for your preparation.Students who have entirely dedicated a few months for the upcoming RRB and IBPS exams and have started their preparation recently or are about to start, then this blog will guide them in making their schedules efficient..(8-10 hrs of studies combined with smart work needed to bring you to the top, hence making you the cream...SO HERE GOES:)QUANT:Daily 2 hrs of quant (going up to 3 hrs for weak students) will go a long way in improving your speed. During this time brush up chapter wise concepts along with a lot of practice questions .Note:1)Note down neatly in a separate hand out or book any short-cuts or important questions that you come across and need to memorize so that you can go through them regularly.2)You could also make voice recordings of tables from 1-30, squares, and cubes on your phone and keep listening to them to help you memorize, ENGLISH:I am sure the common problem that most of you face is confusion as to what would be the correct answer, or all seem correct while solving error corrections, fill in the blanks etc . Well let me tell you something English is very much like maths, the more you work on your basics and concepts( i.e. rules of grammar) the faster and more accurate you get at each step.So time to open your school grammar books like Wren and Martin with solution and also K Kundan English practice plus concepts book for banking and SSC or any book for that matter which explains English grammar and rules in details. Keep revising them regularly. Also practice daily with bankers Adda quizzes.HENCE DAILY 2 HRS ARE A MUST!!!.REASONING:Not a very difficult section and at the same time very scoring too. Yet we often make the mistake of not being regular with it by taking it for granted.So give it 1-2 hrs daily depending at what level you are currently at.If you know the concepts then 1 hr is good enough and if u are still at the learning stage then 2 hrs will be needed.NOT A SECTION TO BE IGNORED AS DURING THE EXAM BATTLE EACH MARK COUNTSGENERAL KNOWLEDGE AND CURRENT AFFAIRS:Start by reading the newspaper daily be it Hindu or any other fit for competitive exams, special focus on financial news relating to the banking sector. Go through the GK capsule given by BA and other lists on a regular basis.So 1 hour to newspaper and another hour to Bankers Adda capsules and other lists..THE MOST IMPORTANT ADDITION IS TO GIVE ONLINE EXAMS!!! YOU CANNOT AFFORD TO NOT DO THEM.....The more you practice these the better prepared you will be at the time of the real exam.Buy any online exam portal like career power exam series and give one exam every alternate day and on the other days analyse the exam that you had given on the previous day. Note down or bookmark(i.e. save) all the important questions that you come across.So 3 days in a week take exams and other 3 days do a detailed analysis of those exams.FOLLOW THIS SCHEDULE MONDAY TO FRIDAY>On weekends i.e. Saturday and Sunday do subjects like Computers and Banking Awareness plus revise all that was done on weekdays be it important questions or Gk, etc

I started my preparation just after I filled up the application.My preparation startegy are as followEnglish: Honestly didn't even have a book of this subject, no practice at all. But always the most scoring section for me. Because I read alot of articles, I mean a lot. That helped me to spot errors easily without even knowing what kind of rules were being applied.Descriptive: Hadn't even for once typed a letter or essay on a computer. Typing on the mains exam day was my 1st. But here too my article reading habit helped me. Scored 17/25.Quantitative: My base was strong and every concept was clear to me. But I know myself that even if I put my serious efforts in this section I could have scored 20 at best. So, I relied on this section just for the sectional cutoff.Reasoning: My hard work and practice were on this section. Seriously I practiced puzzles a lot. Every puzzles I could get my hands on. And that helped me in making this section a scoring one.Banking Awareness: haha.... couldn't give any suggestions on this.Summing up, I relied hugely on English and Reasoning. So, identify your strong area and polish it so well that it shine very brightly.Luckily in my 1st attempt I attended interview and hopefull to make it into the final list.Cleared prelims with just .75 marks above the cutoff.Cleared mains with 84.88 marks.P.S.I'm someone who took 6 years to graduate with just 45.9% (3rd Division).Edit:Luckily got BOI my 2nd choice.And freakishly shocked with my interview marks. Got 70.95/100 . My interview was not that good. Didn't even know abbreviation of SIDBI, examples of MSME and many more ….I think they mostly gave marks for my confidence and jolly nature shown in the interview.

14 Step Guide to be Bank PO Success Story Part IIf you are a Bank PO aspirant, you will surely be interested in taking the SBI PO and IBPS PO exams. You could study blindly for the exams, and roll the dice. You may or may not be successful. To give yourself the advantage you need to be prepared with both the complete syllabus and a good strategy. The best way to build a successful strategy is to ask those who have used it effectively to get recruited as Probationary Officers in SBI and IBPS affiliated banks. We collected the experiences of some of the success stories from Testbook users. There are successful aspirants's own account, as to how they prepared, which I have compiled and presented.Credits: Jit Saha, Shivam Verma, Nilaksh Bansal, Bharadwaja Surya, Siddharth Jain, Neha Patial#1. BE MENTALLY PREPARED AT THE OUTSETIs it hard to get there? To become a Bank PO.There is fierce competition to get this job. This can be gauged from the fact that approx. 1 in 1100 students or may be even fewer than that get selected finally. So it was a really, really, tough nut to crack!That being said, it was definitely achievable.  With a good plan in mind, it’s possible to crack this exam in 2-3 months. Practice is the key.Being an IT employee, it was a little troublesome for me to appear in paper-and-pen mock tests. I had to be in office on weekends. But “getting digital is the way”.However, the hardest part for me was not the preparation or the exam time. It was the stress that I had to deal with and the wait for results. #2. LEARN TO MANAGE YOUR TIME WELLSBI PO 2015 was a test of time. How did you manage it?Mocks! Loads of them! After a good amount of practice, I got to know the areas which take me more time and those which take less. Then I could distribute my time accordingly in subsequent mocks. During my practice with mock tests I always set a target to attempt more questions even if I had to compromise with accuracy at first. Gradually, I started focusing on accuracy. This helped me answer more questions accurately.Once I became confident about my speed, I began to focus on accuracy in other ways. This exam is not just about knowing what to attempt but also about identifying what to skip. You must have the ability to glance through the question and be able to skip it if it seems too lengthy. If you develop this ability, then time won’t be a major obstacle.The order in which you answer the sections is important. I always started off with English because I was aware of the fact that this section is a score booster. I always wanted to answer it with a fresh mind to maximize my score. It allowed me to minimize silly mistakes. To figure out how much time to devote to each section, I solved previous years’ question papers. While writing mock tests I stuck to this approximate time limit for each section, no matter how many questions I was able to attempt.Working under deadlines also helped me a lot. I started to enjoy pressure. In fact, I give my best when I am under pressure. But, SBI PO is hardly a cakewalk. I tried to make a balance by choosing an effective way online. I joined Testbook and started to solve regular quizzes on the Testbook app.Overall, it is very important to hold your nerves, not to panic and just enjoy your attempt. #3. FIND THE CORRECT PRELIMS STRATEGYWhat strategy did you apply in the days leading up to prelims?First of all, I glanced through previous years’ questions. From this I got an idea about the major topics asked. Then I took all the free Mock Test provided by Testbook. Then I finished the major topics which were less time consuming but were more scoring. I completed all this inside a month and started giving the remaining mock tests.I gave as many mock tests as possible. I solved anywhere from one test per day to three per day. This number shot up to 5-7 mock tests in the last 5 days before prelims. This helped me to be in the rhythm of solving questions. All the while, I did not focus on a single subject but all three at the same time.Analysis of Mocks was the most important part. I went through all the solutions for all questions. I went through the analysis of my performance to understand where I needed to improve. I also avoided those tests that were being difficult for the sake of it. Good marks in mock tests helped build my confidence.#4. GET THE RIGHT RESOURCESWhat all resources did you use to prepare for the exam?Online Sources: Testbook (For mock tests (especially solutions), practice on app, CA capsules, other blog posts)Bankers Adda - IBPS PO, SBI, RRB (For capsules)Investopedia (For understanding banking topics)The Hindu e-paperWhatsapp groupsYoutube channels Offline Sources:RS Aggarwal for QuantFast Track Arithmetic by Rajesh Verma (for shortcuts)Kiran Practice PapersArihant Booklet for Computers and Marketing (just in case) #5. GET SUFFICIENT PRACTICEWhat do you think is the optimum number of mock tests one should take to prepare for the exam? Is it advisable to take more number of sectional tests or full lengths?There is no optimum number. There’s no point in solving mocks if you don’t keep track of your shortcomings and improve them. But I solved more than 20-25 tests for Mains and same for prelims. Your number will vary – take mock tests till you are confident enough to face the exams. Confident means till you start to score 10-15 marks more than previous year’s cutoff.Both sectional and full length tests have their own merits. It would be better to attempt few sectional tests before full tests to get comfortable with each section. Then attempt full length tests. To improve your strategy in any one section, come back to sectional tests. Sectional tests are also easy to practice because one may not like to invest 1 hour at a time. You can invest 20 minutes and can finish the task in intervals. Sectional tests also improve time management because you are restricted to use only 20 minutes.#6. MAKE AN OVERALL PLANHow did you tackle the whole syllabus?It is practically impossible to attempt 200 questions. In fact, I found it difficult to read even 150 questions. So I first identified which topics have to be completely left out. Then I identified some topics like Syllogisms, Input-Output, Inequalities, Quadratic Equations etc. which are easy and can be done with good speed. This is how the syllabus has to be managed. Eventually, get to the tougher chapters.#7. BETTER YOUR STRATEGY FOR MAINS AFTER PRELIMSWhat strategy did you apply in the days leading up to Mains?I analysed my Prelims performance and figured out what was lacking. I worked on my problem areas to make sure I did not get stuck in the same places.Mains require even more practice. Calculation speed has to be blazing fast so worked upon it. I learnt some quick calculation techniques. Tried to read newspapers at a fast pace with understanding to attempt passage questions in minimum time.I gave even more Mock tests and read General Awareness capsules. I gave 2 tests per day for mains, and I analysed each test and went through the solutions after. I studied current affairs and banking awareness in the time in between.Apart from all these, I am grateful to some of my friends who were the part and parcel of my journey to SBI. I created a whatsapp group and kept adding guys with similar mindsets. We discussed whatever questions we got stuck on. This not only created a great bond amongst us but also enriched our knowledge. The name of our group is “Destination Success” where we are just a family trying to help each other maximize our capabilities.Read Part II of the 14 Step Guide to be a PO Success Story to get specific tips for each subject and Mains PreparationGood Luck!

What is your most memorable experience of working your first job?My first job was working at a coffee house off campus near my university. I was a barista, cashier, and when needed, I pitched in on cleaning and running the dishwasher. I often closed the cafe at 2 am and met some interesting characters late at night. It was a fun job.One evening, a “friend” dropped by the cafe and gave me a brownie. I’d been working on the cash register which wasn’t rocket science, but it still required paying attention in order to make change. I swear on all that’s unholy or not that every bit of pot my friend had baked into the brownies ended up in the square he gave to me. Not good. Not good at all.I finally had to go to the shift manager and let him know I’d need to switch positions for the night. Luckily he was cool - he took one look in my eyes and started laughing. He put me to work on the dishwasher.I truly felt like I was part of the machine, like I was one with the dishwasher. We were intertwined, the machine part of my flesh, the water jets and the steel part of my body. When I finally started coming down from the high, I realized my co-workers were looking at me like I was a two-headed zombie. They said I’d been in such a zone that I’d actually run a cycle in the dishwasher with no dishes - I’d moved so fast, there was nothing left to wash, so I just started it up again with nothing inside. I’d been like that for over two hours and anytime someone tried to talk to me, I’d only reply with “Can’t talk, coming down.” (That’s a reference to an old Simpson’s episode after Lisa was dosed with LSD at a country fair.)I was supposed to close that night, but my shift manager sent me home early for some reason. I apologized profusely after telling him about the brownie. I promised I hadn’t known about the pot until after I’d taken a couple bites, and that I’d never thought it would have effected me so hard. Like I said, he was cool.I had a lot of fun at that job. I quit when school started again in the fall, and I made sure I said goodbye to the dishwasher before I left.And I can still make a mean latte and cappuccino.

When I was twelve, my dad died. I have five siblings and we ranged at the time from seven years old to eighteen. The eldest was leaving for college that week, but came back and spent the year at home at my mom's request.Before Dad had been dead a whole month, my mom started sort-of dating a sort-of homeless guy (he had been homeless and then was living in an RV on someone's property as their caretaker) my family had helped before (we volunteered for years prior to this at the local homeless shelter).A month. Our father had died of unexpected of complications from heart attacks just a month prior. We four youngest didn't know what was going on at first and she didn't let our older two siblings know. All we knew was that almost every night mom would have us get in the van, and she'd be in her pajamas and robe, and we'd drive down to his place and she'd send us to go play in the yard while she "said goodnight" and "ministered" to him.Eventually she'd come out with a shit-eating smirk, load us up in the van and drive back home.Less than two months after that she moved him into the house and started claiming they were married to everyone. (They weren't.)Why this was so incredibly selfish was because we weren't allowed to grieve anymore after that. We all had to be happy because mom had a new boyfriend-then-husband, and we all felt like we couldn't even talk about Dad anymore. Mom still talked about him but only to force our good behavior, ie: "You are all such terrible children! Your father wanted you to be raised this way and I've sacrificed so much for you...!" He wasn't even a good stepdad. He could have been worse, sure, but he'd fight with mom then storm out of the house and she'd blame it on us.Less than six months after my dad died he and my mom went on a drive and left me to change a curtain rod. I was still twelve and very small for my age, and I couldn't signNow the curtain rod. I tried, hard, but I kept falling off the back of the couch. They got back and saw that I hadn't done it, so the step-dad kept saying to me "Hah, I knew you were useless." while laughing and repeating it over and over like it was hilarious. I lost my temper and said "You're just a fat old man!" (he was 13 years older than my mom so he seemed quite elderly to me.) He, in front of my mother who had been laughing at his denigration of my handyman attempts, grabbed me, shook me hard, and screamed in my face "You stupid little b***ch!" and stormed out of the house.Mom then spanked me for trying to ruin her marriage.I just wanted my dad back, but I couldn't even say that because what if it made the step-dad feel bad?