Pfin (book Only)
6th Edition
ISBN: 9781337117029
Author: Billingsley, Randy; Joehnk, Michael D.; Gitman, Lawrence J.
Publisher: Cengage Learning
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Question
Chapter 1, Problem 1FPE
Summary Introduction
To discuss: Ways of utilising personal financial planning tools to improve the financial situation and the changes to be made in at least 3 areas.
Personal financial planning is a systematic process of identifying significant elements of individual’s financial conditions in order to fulfil the goals.
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How can using personal financial planning tools help you improve your financial position? Please explain and give examples.
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Identify and discuss the three most important personal factors and the three most important economic factors that affect your financial planning decisions.
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