Investment Management: Understanding the Value of Money and Savings

The assessment helped in understanding the value of money and rational buying behavior. Implementing changes in approach to save money and invest in different organizations. Importance of savings for financial stability.

Running head: INVESTMENT MANAGEMENT
INVESTMENT MANAGEMENT
Name of the student
Name of the university
Author note

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The different findings during the assessment has helped me in understanding the
value of money and the manner in which they might be invested as per the identification
of the utility that might be gained from the commodities. I am surprised by the findings,
as the assessment portrayed that I undertook an irrational buying behavior, which
affected my savings.
I utilized credit cards for a longer period of time and thereby I was well aware of
the manner in which the credit cards might be utilized. Credit cards might be used in
emergencies and thereby fulfilling different needs of the customers. I was already aware
of the utilization and the necessity of the card when I had to buy my mother a gift for the
mother’s day event. I did not have a single penny in my pocket; however, I managed the
gift with my credit card, which saved the day.
I will be implementing changes in the approach through the proper identification
of the different aspects of change in the buying behavior. I will be assessing the utility
that I might derive from a commodity before investing my resources on the same. It will
be helping me to undertake a proficient planning of the events as per the needs of
saving money. The changes will be helping me to induce the habit of saving the money
rather than utilizing the credit card for irrational buying purposes.
I will be analyzing the contents and the utilities that might be derived from the
commodity and thereby make decisions of investing on the same. On the other hand, I
will also take steps to make a savings account in the bank in order to save the
remaining money in the account for future utilization purposes. During the course I have
learnt the manner in which money might be utilized for investing on different

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organizations with an assurance of a fair return. Therefore, I will take my chances of
investing my money on different organizations in order to increase the rate of returns.
I believe that I must bring forth changes in my buying behavior in order to save a
lump some amount of money. On the other hand, the enhanced savings will be helping
me to stabilize my financial situation in the current scenario of economic recessions. I
think that I am holding an instable financial position due to my investing habits, which
has affected my savings drastically. The learning has helped me in understanding the
value of saving money and investing them on different organizations in order to stabilize
my financial situation and ensure stability through fair return on the investments. The
lessons has helped me in understanding the value of savings which will bring forth
stability in the financial situation of the individuals.

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Investing habits
Personality Spectrum Multiple Intelligence
Values Careers
Study Practices Interests/ Hobbies
Word smart Body smart
Empathy Duty Respect Trust
Irrational buyer Rationalist
Poor decision making skills
Poor analysis
Rationale while buying
Poor designer
Kinesthetic
Linguistic
Logical
Interpersonal
Chartered accountant Consultant
Accountancy Finance Business studies Photography Music Reading books
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