Please enable JavaScript.
Coggle requires JavaScript to display documents.
UNIT 2: Topic 3 (3.4 Saving options (3.4.4 Instant access accounts (Most…
UNIT 2: Topic 3
3.4 Saving options
-
-
-
-
-
-
-
-
3.4.9 ISA
Cash ISA - interest is tax-free, and is not declared as income
-
3.2 Objectives and goals
-
Financial objectives is how much money they need to achieve what they want and how best to get there.
-
-
3.3 Planning
-
-
3.3.3 Long-term planning
Priorities changing, objectives becoming unnecessary and financial positions changing over time can affect long term planning
-
-
3.1 Needs and Wants
Wants are something that a person world like rather than need. E.g cars, holiday, smartphones.
Needs are something we must have as part of our life. E.g shelter, food, clothes