Paper Topic:

How computers have affected your area of study. (Finance)

Introduction to Computer Applications

Author of

Professor

Subject

Tuesday Lecture - March 24 , 2009

Because of the recent occurrences regarding the credit crisis in the United States in the global economy , individuals are using technology in to find better and more innovative ways to manage their finances Either through the collection of information , the management of daily budgets , or even the overview of future expenditures , personal finance management has been an essential tool for many of today 's individuals

However , because of the commanding salaries that accountants and other

financial related services command , individuals are finding it hard to avail the services . Aside from the fact that finance management when done by others is a risky business , the cost of employing accountants and individuals in related fields would be too expensive and defeat the purpose of finance management and cost minimization

The Internet , like many of the services that are able around the demand of consumers , has therefore developed specialized products in to address this specifically by consumers . In fact , the actual reason why such personal finance websites exist is because of the problematic nature that the credit crisis has brought about in the past . However , as the rest of this would show , although there are certain advantages in making use of such websites and services offered to us by the modern age , there also problems that are intrinsic in the services that , if not addressed , would defeat the purpose of their institution in the first place...

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