Please enable JavaScript.
Coggle requires JavaScript to display documents.
PERSONAL FINANCIAL PLANNING
CHAPTER 1
INTRODUCTION
GROUP 2: AISHAH…
PERSONAL FINANCIAL PLANNING
CHAPTER 1
INTRODUCTION
GROUP 2: AISHAH, NADHIRAH, FASYA, RAUDHAH
-
-
-
OBJECTIVE 4: DETERMINE THE PERSONAL & FINANCIAL OPPORTUNITY COSTS ASSOCIATED WITH PERSONAL FINANCIAL DECISIONS
-
-
ECONOMIC CONDITIONS
-
-
INTEREST RATES (the cost of money: cost of credit, when you borrow: return on your money when you save on invest)
OBJECTIVE
Personal financial planning means managing your money to achieve your financial goals and satisfaction.
-
Everyone has a different financial situation individuals, families, and households so financial plans must be personalized.
-
-
-
-
-
-
-
-
Advantages
-
-
-
Increased effectiveness in obtaining, using and protecting financial resources
Providers (savers,
investors) of funds
-
Users (borrowers,
spenders) of funds
-
-
-
-
-
