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Question 1 (7 Marks) What is personal financial planning? Suggest ONE common financial goal for each of the following life situations: (a) a final year

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Question 1 (7 Marks) What is personal financial planning"? Suggest ONE common financial goal for each of the following life situations: (a) a final year undergraduate student (b) a young couple with a new-born baby (c) an older couple (age 50+) with no dependent child (d) a single mother with a pre-school son Briefly explain your answers

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