Questions from Personal Finance


Q: Explain in logical terms why a weak economy can cause the net

Explain in logical terms why a weak economy can cause the net worth of individuals to decline.

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Q: Explain how credit card usage can impact your spending habits.

Explain how credit card usage can impact your spending habits.

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Q: Jason’s car was just stolen, and the police informed him that

Jason’s car was just stolen, and the police informed him that they will probably be unable to recover it. His insurance will not cover the theft. Jason has a net worth of $3,000, all of which is easil...

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Q: Jeremey wants to increase his net worth. What advice would you

Jeremey wants to increase his net worth. What advice would you give him?

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Q: What is a budget? What is the purpose of a budget

What is a budget? What is the purpose of a budget? How can a budget help when you are anticipating cash shortages or a cash surplus?

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Q: How do you assess the accuracy of your budget? How can

How do you assess the accuracy of your budget? How can finding forecasting errors improve your budget?

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Q: How are unexpected expenses and liquidity related?

How are unexpected expenses and liquidity related?

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Q: Stephen is in a 15% marginal tax bracket. In 2015

Stephen is in a 15% marginal tax bracket. In 2015, he sold stock that he had held for nine months for a gain of $1,900. How much tax must he pay on this capital gain? How much would the tax be if he h...

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Q: How does your choice of career impact your financial plan?

How does your choice of career impact your financial plan?

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Q: Describe two ways real estate might provide a return on an investment

Describe two ways real estate might provide a return on an investment.

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