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1) How do financial statements / budget tools contribute to your personal financial management? 2) What are the key steps to have a suitable financial

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1) How do financial statements / budget tools contribute to your personal financial management? 2) What are the key steps to have a suitable financial plan? 3) Explain your reasons on how the following financial products (with examples) accommodate to the financial life cycle in each of the stages seen in class: a) insurance products b) investment accounts c) loan products d) retirement plans 4) Why is managing your own budget so valuable at this stage? 5) List 2 types of common loan products offered by retail banks in BC. Explain their purpose and feature. 6) List 2 types of common investment products | accounts offered by retail banks in BC. Explain their purpose and feature

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