Enlarging Financial Harmony: A Public Journal on Longrange Options and Union Averaging in the Allisons Family Economy

Authors

Jardine Bhaaldeen

Abstract

This paper presents a public journal on long-range options and union averaging in the Allisons family economy with the aim of enlarging financial harmony. The study utilizes a qualitative approach to explore the family's financial situation and identify potential solutions to improve their financial management. The research findings reveal that the family's financial situation is characterized by high debt levels, low income, and limited financial literacy. To address these issues, the study proposes the implementation of long-range financial planning, including the establishment of a savings plan and the development of a budgeting system. Additionally, the study recommends the adoption of union averaging, which involves pooling resources and sharing financial responsibilities among family members to reduce financial strain. The paper concludes that the implementation of these strategies can lead to financial harmony in the Allisons family economy and serve as a model for other families facing similar financial challenges.

Citation

Jardine Bhaaldeen "Enlarging Financial Harmony: A Public Journal on Longrange Options and Union Averaging in the Allisons Family Economy". IEEE Exploration in Machine Learning, 2022.

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This paper appears in:
Date of Release: 2022
Author(s): Jardine Bhaaldeen.
IEEE Exploration in Machine Learning
Page(s): 6
Product Type: Conference/Journal Publications