Personal Finance, Student Value Edition (8th Edition) (The Pearson Series in Finance)
Personal Finance, Student Value Edition (8th Edition) (The Pearson Series in Finance)
8th Edition
ISBN: 9780134730851
Author: Arthur J. Keown
Publisher: PEARSON
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Chapter 17, Problem 7PA
Summary Introduction

To explain:

The way understanding of living below the means and financial planning can give the freedom to spend while still accomplishing the goals.

Introduction:

Financial planning is the planning of the financial aspects of a business or a house hold. It includes the planning of financial resources and their management for their efficient and adequate utilization.

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