as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
list the basic steps to tackle a problem effectively.
user
the basic steps to tackle a problem effectively include: 
1. identify the problem;
2. collect data and information relevant to the problem;
3. analyze the data and information;
4. analyze possible solutions;
5. develop an action plan;
6. execute the plan; and
7. monitor and evaluate results.
assistant