Listed here are the eight the main components of personal financial planning. Circle one or more areas
Question:
Listed here are the eight the main components of personal financial planning. Circle one or more areas and describe an action that you might need to take in the next few months or years.
Transcribed Image Text:
1. Obtaining 2 Planning 3. Saving 4. Borrowing 5. Spending 6. Managing risk 7. Investing 8. Retirement estate planning
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2 Planning 3 Saving Save at least 30 of what you earn ...View the full answer
Answered By
Jehal Shah
I believe everyone should try to be strong at logic and have good reading habit. Because If you possess these two skills, no matter what difficult situation is, you will definitely find a perfect solution out of it. While logical ability gives you to understand complex problems and concepts quite easily, reading habit gives you an open mind and holistic approach to see much bigger picture.
So guys, I always try to explain any concept keeping these two points in my mind. So that you will never forget any more importantly get bored.
Last but not the least, I am finance enthusiast. Big fan of Warren buffet for long term focus investing approach. On the same side derivatives is the segment I possess expertise.
If you have any finacne related doubt, do reach me out.
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Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
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