Please enable JavaScript.
Coggle requires JavaScript to display documents.
topic 6 - Coggle Diagram
topic 6
A short-term plan might run over just one year – for example, it might be a plan to
have enough money available every year to take a summer holiday. Alternatively, it
might be a monthly or even weekly plan, for instance to have enough money from
-
covered in Unit 1 so we will not be considering them here; nevertheless, it is
important to remember, when discussing
medium-term and long-term plans, that the
-
-
-
and paying back a mortgage, and saving for retirement. A normal mortgage period
-
-
-
-
-
financial needs, and choosing the right product for the right situation can be a
complex task. In order to make an informed choice, a person should look carefully
at their wants and aspirations, at their position on the risk / reward spectrum and at
the risk / reward spectrum of the product. Then, if necessary, they should take
-
-
turn depends partly on their personality, their financial situation and their age – it
-
can also differ according to the nature of a life event – for example, someone who
-
-
-
These plans can be achieved after a few years, for instance someone saving up for a
-
-
-
-
-