LiBF Unit 2, Question and answers, 100% Accurate, rated A+





1.1 Outline the need for financial planning. - -Make better financial decisions

Avoid unnecessary debt

Help make decisions on savings, spending and progress in reaching goals

Helps show what you have to do to get to where you want to be



1.2 Explain the personal factors which influence financial planning. - -Factors influenced by stage in life cycle

Attitude to risk



Attitude to Risk - -a. Risk tolerance - how does the in...
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