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Personal Financial Planning Must Satisfy Four Broad Categories of Personal-Finance

Question 28

Essay

Personal financial planning must satisfy four broad categories of personal-finance decisions: consumption and savings,investments,financing,and risk management.Into which category does each of the following five examples belong?
-Inability to save properly.
-Need to resolve a debt problem.
-Desire to improve investment returns.
-Desire to retire comfortably on time.
-Discomfort with present risk profile.

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