Question 4:

Client inquiry #1: Why are the value of the assets and liabilities on personal finance statements not at cost of purchase or the amount of dollars borrowed? (3 marks)

Client inquiry #2: What would be the two most effective ways to reduce my ecological footprint while saving money? (4 marks)

Client inquiry #3: Why is there a schedule of monitoring included in my financial plan? (3 marks)

Required:

1. For each of the client inquires above, provide a response to the client to increase their understanding of the topic.