” Personal financial management ?

PART;A answer each of the following
questions in one or two paragraphs. Each answer is worth 20 points.
1.describe the major components of a
personal financial plan.
2.why are there different types of bankruptcy?
3.discuss the advantages of investing
through a mutual fund.

PART.B answer each of the following
questions in three to five sentences. Each answer is worth 4 points.

1.why do you need to change your personal
financial as goals your circumstance changes?

2.why is the income statement an important financial
statement?

3.which of the financial institutions
offers noninterest paying checking accounts (demand deposits)?4.how would you
perform a rent-or-buy analysis for a home
5.discuss the disadvantages of using credit
cards.
6.how do you determine how much life
insurance you need?
7.discuss some of the additional benefits
that insurance has to offer.
8.why do insurance companies offer accident
insurance,and who would purchase such insurance?
9.what is the difference between open-end
and closed-end mutual funds?
10.discuss the different investment
vehicles avaibles to consumers.

Personal financial management ?
PART;A answer each of the following
questions in one or two paragraphs. Each answer is worth 20 points.1.describe the major components of a
personal financial plan.2.why are there different types of
bankruptcy? 3.discuss the advantages of investing
through a mutual fund. PART.B answer each of the following
questions in three to five sentences. Each answer is worth 4 points.1.why do you need to change your personal
financial as goals your circumstance changes?2.why is the income statement an important financial
statement?3.which of the financial institutions
offers noninterest paying checking accounts (demand deposits)?4.how would you
perform a rent-or-buy analysis for a home5.discuss the disadvantages of using credit
cards.6.how do you determine how much life
insurance you need?7.discuss some of the additional benefits
that insurance has to offer.8.why do insurance companies offer accident
insurance,and who would purchase such insurance?9.what is the difference between open-end
and closed-end mutual funds?10.discuss the different investment
vehicles avaibles to consumers.”