Question

Which results are more likely for someone without personal finance skills? Check all that apply.

Higher tax rates
Less preparation for emergencies
Fewer utility expenses
simple long term investment strategies
increased long term challenges

Answer 1

Which results are more likely for someone without personal finance skills?

Answer: The below results are more likely for someone without personal finance skills:

Higher tax rates

Less preparation for emergencies

Increased long term challenges

The above three results are more likely for someone without personal finance skills:

Answer 2

Answer with explanation:

The Meaning of term Personal Finance Skills, is that that the Person is Ignorant in Financing, means Spending as well as Saving Money, Future projects in which money can be invested to attain certain amount of profit, not being too extravagant on unnecessary thing, Should be prepared for uncertainties either caused by human or nature.

So, the person who does not have personal finance skills, the following results are Possible

1. Less preparation for emergencies

2.Increased long term challenges

3.Simple Long term investment strategies.