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Introduction to Business
Julian E. Gaspar, International Business
et al.
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Learning Objectives
Chapter 15: Personal Financial Planning
- Explain the purpose of personal financial planning.
- Define concepts such as net worth.
- Describe the budgeting process.
- Explain the key considerations in deciding to live on one income.
- Describe how to make wise investments, including an evaluation of risk and return.
- List retirement and estate planning considerations.
- Identify the goals of tax planning.
- State the ethical issues associated with personal financial planning.
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