Death is a reality. Nobody is immortal. With that note, everyone should be financially ready to go through life. We should be able to draw and finance our own Life Planning Timeline. Sometimes we are forced to go through life with unforeseen circumstances. We often worry ourselves with the following questions: • What need to be done for a funeral ceremony when it is unplanned? • What are the consequences when your funeral is unplanned? 2020 had taught everyone to be more analytical about this matter. Therefore, financial savvy is a must to survive after Covid 19. Assign each group member with a family tree title. Assume that the leader and the assistant leader are the parents and the breadwinner of the family. You are required to write objectively about the innovative ways to encourage personal budgeting to prepare the family after either one of the parent’s death. You can be as creative as possible to come up with the innovative measures in creating various wealth generating portfolios and include every possible expense that will be incurred throughout the family members’ Life Planning Timeline, such us wedding ceremonies, burial ceremonies, births, sickness etc).

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Death is a reality. Nobody is immortal.
With that note, everyone should be financially ready to go through life. We should be able to draw and
finance our own Life Planning Timeline. Sometimes we are forced to go through life with unforeseen
circumstances. We often worry ourselves with the following questions:
• What need to be done for a funeral ceremony when it is unplanned?
• What are the consequences when your funeral is unplanned?
2020 had taught everyone to be more analytical about this matter. Therefore, financial savvy is a must to
survive after Covid 19.
Assign each group member with a family tree title. Assume that the leader and the assistant leader are the
parents and the breadwinner of the family. You are required to write objectively about the innovative
ways to encourage personal budgeting to prepare the family after either one of the parent’s death.
You can be as creative as possible to come up with the innovative measures in creating various wealth
generating portfolios and include every possible expense that will be incurred throughout the family
members’ Life Planning Timeline, such us wedding ceremonies, burial ceremonies, births, sickness etc).

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