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book Personal Finance 1st Edition by Jack R. Kapoor cover

Personal Finance 1st Edition by Jack R. Kapoor

Edition 1ISBN: 1308231393
book Personal Finance 1st Edition by Jack R. Kapoor cover

Personal Finance 1st Edition by Jack R. Kapoor

Edition 1ISBN: 1308231393
Exercise 2

Comparing Financial Planning Actions. Survey friends, relatives, and others to determine the process they use when making financial decisions. How do these people measure risk when making financial decisions? (Obj. 1)

Explanation
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Financial and economic factors influencing career planning:

Friends, relatives and others are surveyed to determine the process they use when making financial decisions.

These people measure risk when making financial decisions by gathering information based on:

a) Their experience

b) Experiences of others

c) Use of financial planning information sources like print, media, website, etc.

Career planning activities:

The career planning activities that help the person decide about his career are the information collection from friends and colleagues, the guidance given by the financial advisors about the way the money should be invested in various financial instruments.

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Personal Finance 1st Edition by Jack R. Kapoor
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