Questions from Personal Finance


Q: Provide a reason why a real estate salesperson should not have the

Provide a reason why a real estate salesperson should not have the same amount allocated to his or her home as the average person.

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Q: Jeremy lost a wing of his house in a storm, which

Jeremy lost a wing of his house in a storm, which resulted in an outlay of $250,000 to replace it. The replacement cost on the house was $900,000, and he had $500,000 of insurance. His policy had an 8...

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Q: Why bring figures from today to the beginning of the retirement period

Why bring figures from today to the beginning of the retirement period?

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Q: What is behavioral financial planning? Differentiate it from behavioral finance.

What is behavioral financial planning? Differentiate it from behavioral finance.

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Q: Maya had a low nondiscretionary cost percentage and a high discretionary one

Maya had a low nondiscretionary cost percentage and a high discretionary one. Is that good or bad? Explain.

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Q: Contrast money planning and life planning.

Contrast money planning and life planning.

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Q: What are human weaknesses under both money planning and life planning?

What are human weaknesses under both money planning and life planning?

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Q: How do basic feelings differ from higher-level feelings?

How do basic feelings differ from higher-level feelings?

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Q: What are the reasons that a person’s gross saving percentage may be

What are the reasons that a person’s gross saving percentage may be low, while his or her net cash flow may be high?

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Q: Why are financial ratios important?

Why are financial ratios important?

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