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How does the stage in an individual's life cycle influence his or her personal financial planning?
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26 votes
How does the stage in an individual's life cycle influence his or her personal financial planning?

User Karl The Pagan
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1 Answer

19 votes
19 votes

Answer:

Personal circumstances that influence financial thinking include family structure, health, career choice, and age.

Family structure and health affect income needs and risk tolerance.

Career choice affects income and wealth or asset accumulation.

User Dweeberly
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