Questions from Personal Finance


Q: What is cash flow planning?

What is cash flow planning?

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Q: Provide five methods for helping people to save.

Provide five methods for helping people to save.

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Q: Name three behavioral weaknesses that might apply to investment analysis and give

Name three behavioral weaknesses that might apply to investment analysis and give examples of them.

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Q: Name one behavioral characteristic in each part of active financial planning other

Name one behavioral characteristic in each part of active financial planning other than investments. Indicate how they can affect the financial planning process.

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Q: List five reasons for saving.

List five reasons for saving.

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Q: Chris’s current liabilities exceeded his current assets. He said not to

Chris’s current liabilities exceeded his current assets. He said not to worry; he could use his credit card if he needed extra funds. What do you think of this practice?

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Q: Richard and Monica maintained their contrasting views when it came to estate

Richard and Monica maintained their contrasting views when it came to estate planning. Even though their assets were well under the threshold for exposure to federal estate tax, he wanted to set up a...

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Q: Detail five of the concepts that underlie PFP theory.

Detail five of the concepts that underlie PFP theory.

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Q: Using Figure 19.1 list the source and uses of cash

Using Figure 19.1 list the source and uses of cash for the household. Figure 19.1:

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Q: Outline the steps in the financial planning process and some questions under

Outline the steps in the financial planning process and some questions under each that are significant in completing a financial plan.

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