Register
How does the stage in an individual's life cycle influence his or her personal financial planning?
26.1k views
3 votes
How does the stage in an individual's life cycle influence his or her personal financial planning?

User Vidar Kongsli
by
6.8k points

1 Answer

5 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 Ethan Yang
by
6.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.6m answers

Other Questions

What caused the Great Rift Valley and the Great Escarpment? flooding glaciers plate movement precipitation
During the 19th Century rubber was produced in the Congo Free State amidst horrendous conditions of forced labor. The Congo Free State was under the control of which colonial power?
What system prepares the body for the fight-or-flight response in stressful situations? Somatic nervous system Sympathetic nervous system Parasympathetic nervous system Central nervous system
Knowing indicators of an unstable person can allow you to identify a potential insider threat before an incident
What happens if you get a f in middle school?
Link Copied!