Tutorial_L01_Q - CC3152 Principles of Financial Planning...

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Unformatted text preview: CC3152 Principles of Financial Planning Tutorial 1 Tutorial Questions (Lecture 1) Discussion Questions 1. What is average propensity to consume? Is it possible for two people with very different incomes to have the same average propensity to consume? Why? 2. Distinguish between long‐term, intermediate‐term, and short‐term financial goals. Give example of each. 3. What types of financial planning concerns does a complete set of financial plans cover? 4. Discuss the relationship of life‐cycle considerations to personal financial planning. 5. Describe how the economic cycle affects your personal finances. 1 ...
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