Questions from Personal Finance


Q: Should a comedian and a government employee receive the same financial asset

Should a comedian and a government employee receive the same financial asset allocation if they have similar tolerances for risk? Why?

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Q: Discuss the planning steps in a simple capital needs analysis.

Discuss the planning steps in a simple capital needs analysis.

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Q: What is happiness research? Does this research indicate that money brings

What is happiness research? Does this research indicate that money brings happiness?

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Q: Why do people construct a budget?

Why do people construct a budget?

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Q: What is a liquidity substitute? When should it be used?

What is a liquidity substitute? When should it be used?

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Q: Richard and Monica estimated they would have adjusted gross income of $

Richard and Monica estimated they would have adjusted gross income of $108,000 in the current year and would have exemptions of $7,900 and deductions of $25,000. Their average combined federal and sta...

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Q: Indicate the mechanisms for enhancing savings practices. Are they realistic?

Indicate the mechanisms for enhancing savings practices. Are they realistic? Discuss.

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Q: Should goal planning be part of the financial planning process or should

Should goal planning be part of the financial planning process or should there just be a numbers-only approach?

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Q: Indicate what a heuristic is and give four examples of it.

Indicate what a heuristic is and give four examples of it.

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Q: Discuss behavioral life cycle theory. Do you believe it is realistic

Discuss behavioral life cycle theory. Do you believe it is realistic?

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