To determine: The task performed, skills needed, pay, and opportunity outlook in the career.
Introduction: Various advices on making investment decision, insurance, mortgages, savings, estate planning, taxes, and retirement for helping out the people in managing finances is given by a personal financial planner.
Answer to Problem 1CE
Explanation of Solution
- Providing personal advice for taking financial decisions.
- Helping people in managing the finance efficiently.
- Encouraging and advising college students in savings.
- Providing advice related to taxes.
There are various skills that are required for becoming a personal financial advisor like having a bachelor’s degree along with master’s degree and certification which can increases one’s chances for advancement in the occupation.
The wage rate of a content-writer is as follows:
- Hourly wage rate- $43.58.
- Annual wage rate- $90,640.
The opportunity outlook in the employment of a content writer is projected to grow to 15% from the year 2016 to 2026, due to the expected increase in population and rise in life expectancies which make it much faster than the usual opportunity growth.
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Chapter D Solutions
UNDERSTANDING BUSINESS (LL)
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