An essay is a type of academic writing that presents a certain subject. It can vary in length and tone, and it can be complicated for some students who aren’t particularly gifted in the writing department. Nevertheless, all students must write an academic paper of this sort as an assignment or test. Hence, many students rely on buying college essays online to ease their workload.
Choosing a reliable service to order from can be wise, especially when other projects and priorities stand in the way. However, if the assignment is actually a test, an essay to write on the spot, having no experience writing essays can become a serious issue.
It’s helpful to resort to online help, but from time to time, writing an essay serves to keep your skills fresh in case of a test or some critical project that requires your full attention.
Particularly, in this guide, we’ll dive into ways to write an essay on financial technology and personal financial planning.
What are financial technology and personal financial planning?
Economics isn’t for everyone. It requires a solid grip of maths, statistics, logic, and more. Also, when writing about economy, the language shifts into a much more specific terminology.
So, it’s vital to understand what you’re writing about as well as the possible options that the topic offers you.
Financial Technology
Financial technology is the innovative version of traditional financial methods. Also called FinTech, this particular branch of economy merges with technology to create a new industry on its way to the top.
Moreover, as the world becomes more and more technology-dependant and virtual, FinTech is a trending subject because it touches on the pressing matters of the finance world like:
- Business models.
- Financial services like banking.
- Business processes.
- Investing.
- Cryptocurrencies.
- Startups.
So, any software or device that can be useful for these purposes is FinTech. A few examples of this could be PayPal, WeChat, Alipay, etc.
The good news about this topic is the number of sources you may find because it’s a trending subject relevant to our times. Also, it gives you an array of options to talk about, such as:
- A general view of FinTech with some examples that aren’t necessarily too detailed
- A specific case that targets one business and its applications towards FinTech.
- Types of FinTech (software, apps, sites, and more).
- The origin of FinTech and its most relevant investors.
- The benefits and disadvantages of FinTech.
- The connection between FinTech and the new economy.
- FinTech in relation to new currencies, including virtual ones.
- The rise of FinTech.
Personal Financial Planning
Personal financial planning is something that everyone does to some degree. It’s centered around managing one’s money and, if you think about it, we learn this from a very young age.
Possibly, the reason why we go to school so early in life is to ensure financial stability and a solid start to personal financial planning. That’s because earning money doesn’t mean wealth without proper financial management.
So, this topic is also highly relevant to our modern-day society, and the sources for it are endless.
Nevertheless, here are some aspects that you should at least briefly touch on when talking about personal financial management:
- Financial independence.
- Budget in relation to the personal lifestyle.
- Investments.
- Financial goals.
- Financial relief.
- Retirement plans.
Financial Technology and Personal Financial Planning together
You can talk about these topics separately, focusing on a particular aspect as we showed previously. However, you can talk about both.
Personal financial planning is a staple in the economy and people’s lives, thus, it’s an evergreen topic. Meanwhile, FinTech is rising and possibly simplifying financial planning. So, it’s easy to see a connection between the two.
Here are some joined topics:
- How FinTech helps financial planning
- FinTech for personal financial planning.
- The ways FinTech simplifies personal financial planning.
How to approach financial technology and personal financial planning?
Now that you know what you’re writing about, it’s time to start building your essay. But where to start?
Step 1
You know the topic, but you don’t know the details. So, this first step is all about finding what you’re looking for.
Browse through topics and find out your thesis. Specifically, if the essay is argumentative, you might wish to find out the objective of your paper.
So, start to form an idea about what interests you the most about financial technology and personal financial planning.
Step 2
Before you write anything down, start researching. Since we’re talking about economy, the data needs to be specific and easily correlated to studies.
So, start looking for reliable sources from universities, official organizations, and books. Don’t forget to save the graphs and infographics that may come with the data.
This step is one of the most challenging steps because it involves sorting through irrelevant information to find what serves you. Here, it would be wise to employ the best essay writing service for research.
Most online sites already have a database of reliable sources that can enrich your essay. This will not affect your “writing independence” because it’s not helping you write anything. So, don’t hesitate to get help for this lengthy and time-consuming task.
Step 3
Start writing your essay by following the classic introduction-body-conclusion structure. Be sure to include your strong thesis in the beginning and make way for supporting data.
Step 4
Obviously, because the essay is economy-related, you should prepare some statistics and graphs that add proof and make your essay easy to read.
Infographics are a clever way to express your statements with images, helping your reader understand arguments and data in a blink of an eye. So, retrieve the data you saved in your research process.
Step 5
Start revising your essay thoroughly. Here is the part where you check for any mistakes. This includes logic, grammar, syntax errors as well as plagiarism percentage.
You can modify the formatting, bibliography, and cover in this step.
Also, this is another part where getting help is advised. After writing for some time, you might ignore some errors. Hence, it’s a good idea to ask tutors, essay writers, and friends to revise it, ensuring that your essay is flawless.
Conclusion
When writing an essay about financial technology and personal financing planning, it’s crucial to understand the topics. Start with research and infographics. Then, write your essay. Lastly, revise it to make sure it’s perfect.
