Adeyemi Advice Summary

What's your ultimate advice to Kwame and Laticia for each of the following areas of

financial planning? Should they keep doing what they've been doing, or start doing

something else instead? Provide brief thoughts, perhaps a few sentences for each

item.

To edit this file, click "Download", and edit your version.

Keep all your answers green, please, so that I can easily see what you typed.

Expenses; Should they be spending more or less overall, and do you recommend any adjustments to how they spend their

money?

Answer:

Life insurance: Does Kwame and $/$ or Laticia need any, what type, and roughly how much in death benefit?

Briefly justify each choice.

Answer:

Debt Management: Should they pay more on any of their debts, considering their overall financial situation, and if so$,$ which

debt$($s$)?$ Why?

Answer:

Mortgage refinancing: Which kinds of mortgages should they consider, if any? Or should they just stick with their current

mortgage for now? Justify your suggestions.

Answer:

Investing and retirement planning $($make sure you complete all the Adeyemi Retirement homework first, and then come

back here to provide your comments$)$: What actions would you recommend to Laticia and Kwame, if any? Why?

Answer:

Cash flow: How do you think they should utilize that sizeable cash flow surplus they have?

Answer:

Anything else: What other advice not mentioned above would you give them? $($It might be a good idea to re$-$read the case

narrative here again, to identify any other issues not yet addressed in this document.$)$

Answer:

Once done with all the answers, save the file and submit it in Brightspace. Then bring your file to class. I$\text{'}$m looking forward to a good

discussion of all this at our last class session.

PLS LIST OUT THE EXPLANATION $!!!!!!$

THANK YOU