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While in college, Pam Jenkins worked part-time and was never concerned about long-term financial planning.
Questions
- Q1. List various personal financial decisions that Pam might be thinking about at this point in her life.
- Q2. Realizing the information is limited, discuss possible future events that could impact Pam financially and what additional information is needed before recommending actions?
- Q3. What are some specific short-term, intermediate, and long-term financial goals that Pam might want to develop?
- Q4. List at least three financial situations and the time value of money calculations that would be helpful to Pam in planning or making decisions?
Please answer question 2.