Thursday, April 25, 2019

Assessing Strategies Toward a Goal Coursework Example | Topics and Well Written Essays - 250 words

Assessing Strategies Toward a Goal - Coursework ExampleI aimed at helping my uncle to make certain important decisions in general. I found balance-sheet approach truly apt in this regard. Balance sheets deal with the acceptability and unacceptability of both benefits and costs. (Egan, 2010 373) I focused on utilizing empathetic thought patterns (Egan, 2010 374) and active listening skills (Egan, 374) to examine my uncle through the critical question answer session. The important problem he was facing around budgeting was fund allocation. I suggested the strategy of long term savings and addressing the long term liabilities to be virtually important. I asked my uncle, What are the benefits of choosing such a strategy for you and the different significant ones? Also, I asked, To what degree are these benefits acceptable? (Egan, 2010 373) In answering my questions, my uncle expressed his concern about his childrens higher education. Also, by getting rid from the long term liabiliti es like mortgage and debts, my uncle could happen more financial security for his family. Thus I discovered that he was worried about the financial requirements of his childrens higher education. This was a plus for my uncle. However, he did not have a proper enthronisation policy and was prone to neglect the existing liabilities. This was, of course, a minus point. Finally, I helped my uncle to set two most important goals.

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