Project - Apply Cash Flow Forecast in family financial planning

Currently, IGCSE students of business studies are learning an important topic - cash flow forecast.?

Here, students have learned how important cash is for a business and the following concepts:

cash inflows/outflows, net cash flow, cash flow management/forecast etc.

As a matter of fact, cash flow management/forecast is not only important for a business or any other organisation but also crucial for one person and one family.?

Here, students are assigned a project for which they need to consult their parents for family cash flow situation and also financial advice.

They will work on a cash flow statement for their families?in 2019, analyse the cash inflows and outflows and answer the following questions in their reports:

(1) Generally speaking, is the family finance well planned or not?

(2)? if there might be a cash flow shortage, what methods could be used to deal with this problem? (referring to what you have learned in this chapter)

(3) What expenditure will occupy the largest proportion???

(4) how much money will be spent on the kids generally? (when the student sees the amount, I assure the student will realise how much love and support s/he has received from his/her parents.)

(5) What are possible ways to increase the cash inflows for your family?

(6) Is it possible to reduce the cash outflows for your family? How?

This project is not only a good practice but also a good opportunity for parents to communicate with their kids and share key life skills and experience with their kids.?

此次項目作業(yè)不僅讓學(xué)生通過運用課本知識深入感受知識具被,也創(chuàng)造非常好的機會讓父母和子女進(jìn)行生活經(jīng)驗和技巧分享和交流鲸伴。

Please write a report on what you have learned. Since this might violate the privacy of the family, please leave the cash-flow statement with your family and only submit the report. Before submitting the report, get instruction and permission from parents. The report will be only discussed during class time and will not be published. Any question, please feel free to contact me at any time.

考慮到家庭隱私問題屈暗,家庭現(xiàn)金流表由父母保存细移,無需遞交流强。學(xué)生僅需遞交分析報告池凄。在父母知道和允許的前提下遞交作業(yè)魄眉。相關(guān)分析討論和反饋僅限課堂,而不在任何場合公開袄琳。如有任何問題询件,歡迎隨時聯(lián)系。

Deadline for submission: Monday, March 11, 2019

Content for your reference:


The layout of Cash Flow Forecast
A sample of Family Cash Flow Statement

Notes: To refer rather than to copy. You may modify the cash flow statement according to your family specific situation.?

提示:思考唆樊,結(jié)合實際情況制表宛琅。

Last words, knowledge is power and enjoy learning.

知識就是力量!愛學(xué)習(xí)逗旁、愛思考嘿辟!

?著作權(quán)歸作者所有,轉(zhuǎn)載或內(nèi)容合作請聯(lián)系作者
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