UNIVERSITI TECHNOLOGY MARA

SABAH
FACULTY OF HOTEL AND TOURISM
HOSPITALITY FINANCIAL PERFORMANCE AND ANALYSIS

HTH 587

SELF REFLECTION ASSIGNMENT

QUESTION NO: 4

TITLE:

CONCEPT OF TIME VALUE AND MONEY PLANNING FOR FUTURE SAVING

PREPARED BY:

MOHD SHAHYRIL BIN JACKLINE

PREPARED FOR:

MADAM SITI HAJAR MD SHAHAR

SEMESTER/DATE:
 TABLE CONTENT

NO. TITLE NO PAGE

1 COVER PAGE 1
2 TABLE CONTENT 2
3 EXECUTIVE SUMMARY 3
4 INTRODUCTION 4
5 MAIN BODY 5
i. IMPORTANCE
ii. IMPACT
iii. EFFECT
6 CONCLUSION 6
7 REFERENCES 7
Executive summary
This report is an overview of how time-value and money in planning for future savings.
The report is an outlined by the fact that time-value and money can help for planning for future
savings. Understanding the value of money in relation to time may be done with the help of the
time value of money concept. Using this tool can assist in understanding the worth of money in
comparison to its value in the future.
INTRODUCTION

The core element of time value of money is that things are worth more now than they will
in the future. This is so that we can make money with the money we already have. The time
value of money is crucial because it enables investors to choose how to manage their money
with greater understanding. TVM can help us in determining which alternative could be the best
in terms of interest, inflation, risk, and return. Assuming we have a particular goal in mind, such
as saving $20,000 in five years if the account generates 3% compound interest annually, it may
also be used to help us determine how much money to save in an account.
MAIN BODY

I. IMPORTANCE
 Financial independent
 Repaid loan
 Determines how to get the most of their money for investors and retirees
investing for it.
II. BENEFIT
 Your financial decision-making may be assisted by considering time worth of
money.
 Helping to have better financial planning for retirement savings.
III. EFFECT
 Money became increase due to compounds
 Make saving more worth in the future
CONCLUSION

REFERENCE

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Annuity.org. https://www.annuity.org/personal-finance/investing/time-value-of-money/

2. What is the Time Value of Money (TVM) and how You Can Use it to Help Plot Out Your
Financial Future. (n.d.). Brightscape Investment Centers. https://brightscape.com/insight/what-
is-the-time-value-of-money-tvm-and-how-you-can-use-it-to-help-plot-out-your-financial-future

3.Millionaire, T. V. (2022, July 4). The Importance of the Time Value of Money. Time Value
Millionaire. https://www.timevaluemillionaire.com/time-value-of-money/
4. P, N. (2021, January 5). Time Value of Money: Meaning, Importance, Techniques, Formula
and Examples. Economics Discussion. https://www.economicsdiscussion.net/financial-
management/time-value-of-money/32809
5.Hamadani, A. Z., & Khorshidi, H. A. (2012). System reliability optimization using time value
Of money. The International Journal of Advanced Manufacturing Technology, 66(1–4), 97–106.
https://doi.org/10.1007/s00170-012-4309-7
6. Espinoza, R. D. (2014). Separating project risk from the time value of money: A step toward
integration of risk management and valuation of infrastructure investments. International
Journal of Project Management, 32(6), 1056–107 https://doi.org/10.1016/j.ijproman.2013.12.006
7.Phipps, S., & Woolley, F. (2008). Control over money and the savings decisions of Canadian
households. The Journal of Socio-Economics, 37(2), 592–611.
https://doi.org/10.1016/j.socec.2006.12.042
8.Rastogi, H. (n.d.). Time Value of Money: Concept, Formula and Benefits | Analytics Steps.
https://www.analyticssteps.com/blogs/time-value-money-concept-formula-and-benefits