Ch 1 worksheet answer - CCN1021 Personal Financial Planning Worksheet#1 Ch 1 Personal Financial Planning in Action TRUE-FALSE 1 TRUE A major purpose of

Ch 1 worksheet answer - CCN1021 Personal Financial Planning...

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CCN1021 Personal Financial Planning - Worksheet #1 Ch 1 Personal Financial Planning in Action TRUE-FALSE 1. TRUE - A major purpose of personal financial planning is future economic security. 2. FALSE - Personal financial planning starts by creating a plan of action. 3. TRUE - Inflation reduces the buying power of a dollar. 4. TRUE - Savings and investment programs are the main method for achieving financial goals. 5. FALSE - “Being rich” is a good example of effective financial goal. MATCHING Personal Finance Stages Things to do Age < 16 Plan retirement housing, living expenses, recreational activities, and part time work Age 16 – 24 Estate planning and charitable giving
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