FIN210 Module 1 Discussion (dq1+dq2)

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FIN210 PERSONAL FINANCE

MODULE 1

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DQ1

Identify what you feel are the two main potential risks or challenges that you may run into when making financial decisions over a 3-year period. Explain your answer, including ways of minimizing these risks.

DQ2

Discuss what types of unexpected expenses might come up and the effect they might have on your cash flow (budget). What would be a possible way to minimize the effect of unexpected expenses on your finances?