Explain the life cycle of financial plans and their role in achieving your financial goals.

Posted: February 14th, 2022

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All questions answered with no source needed minimum 1 page.
How can using personal financial planning tools help you improve your financial situation. Describe changes you can make in at least three areas.
Recommend three financial goals and related activities for someone in each of the following circumstances:
A freshman in college
A 30-year old computer programmer who plans to earn an MBA degree
A couple in their 30s with two children, ages 5 and 7
A divorced, 52-year old man with a 16-year old child and a 78-year old father.
Explain the life cycle of financial plans and their role in achieving your financial goals.
Effects of inflation. What is inflation, how does it affect interest rates, security, and financial planning? Google to find out what the current inflation rate is in the United States.
Evaluate the impact of age and geographic location on personal income.
Assume that you graduated from college, got a great job that you had for 10 years, but then was laid off when the company downsized. What would you do to repackage for another job.

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