IDNLearn.com offers a reliable platform for finding accurate and timely answers. Our community provides timely and precise responses to help you understand and solve any issue you face.

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

Sagot :

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.