This class was created by Brainscape user Lily Kersey. Visit their profile to learn more about the creator.
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Lily Kersey
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Decks in this class (10)
1. Needs, Wants And Aspirations
What are needs,
What are wants,
Difference between needs and wants
82
cards
2. Savings And Investment Products
Why do people save in the medium ...,
What are the main ways in which p...,
Similarities between savings and ...
114
cards
3. Borrowing Products
What is the main reason people bo...,
Why are repayments over a long pe...,
Why is using a short term borrowi...
107
cards
4. Dealing With Long-term Risk
Relationship with risk and reward,
Possible risks,
What is risk associated with
77
cards
5. Financial Planning
What is budgeting,
What is a cash flow forecast,
How does the short term affect th...
45
cards
6. Financial Planning + Infomed Choices
How long can a short term plan be,
How do short term impact medium l...,
How long are medium term plans
73
cards
7. Dealing With Unforeseen Events
How might a person s life cycle d...,
Why do financial plans need to be...,
What problems are less of a probl...
53
cards
8. Ethics And Sustainability
What are some everyday interactio...,
What features should financial in...,
Why should financial information ...
62
cards
9. Sources Of Information + Advice
0
cards
Case Study
Hugo sarah s situation,
Personal consideration for young ...,
Savings
19
cards
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LIBF Unit 2
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