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Introduction to Business
Julian E. Gaspar, International Business
et al.
Learning Objectives
Chapter 15: Personal Financial Planning

  1. Explain the purpose of personal financial planning.

  2. Define concepts such as net worth.

  3. Describe the budgeting process.

  4. Explain the key considerations in deciding to live on one income.

  5. Describe how to make wise investments, including an evaluation of risk and return.

  6. List retirement and estate planning considerations.

  7. Identify the goals of tax planning.

  8. State the ethical issues associated with personal financial planning.



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