Personal Financial Planning Worksheet
Axia College Material
Directions: Based on your readings and discussions in class this week, answer the undermentioned questions completely.
The process of creating a detailed plan to meet your financial needs and organise for the incoming is called:
Developing goals.
Personal financial planning.
Collecting financial information.
Personal finance.
Which of the interest is not one of the five study steps of the financial planning process?
Analyze your menses finances.
Establish and implement your plan.
Collect and organize your financial information.
value and revise your plan as needed.
Which phase in animateness is commonly associated with focus on marriage, family, purchasing a home, and public life development?
Teenage years
Between your 50s and 60s
Late 20s through your 40s
During retirement
Which of the following are some benefits of having a college degree that can uphold your financial planning?
The potential to make a high salary
Jobs with retirement plans and benefits
The ability to receive promotions and wage increases
All of the above
Which of the following divisions of a comprehensive financial plan discuss analyzing future needs, such as saving for retirement or college accompaniment for dependents?
Building wealth
Securing basic needs
Establishing a firm foundation
Protecting wealth and dependents
People have different styles when it comes to handling their money. List the devil things that affect our personal beliefs and opinions about financial planning.
Risk and Reputation.
Which element of the comprehensive financial plan focuses on your housing needs, reach aside money for emergencies, and establishing a career path?
Budgeting your money correctly.
The economy is unpredictable and can affect your personal financial planning. List one factor in economic conditions that whitethorn affect your financial future.
Prices going up on routine necessities.
Which step in the...If you want to get a upright essay, order it on our website: Orderessay
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