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Discuss the different financial commitments

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1. Explain various stages of life. Also, discuss the different financial commitments/requirement in every stage. Demonstrate how goal setting is linked here.

2. Understanding of the economic environment is essential in Personal finance. Considering the Indian economy, briefly explain a few important economic indicators. How will you apply the same in Personal finance decision making?

3. COVID-19 has made every household to revisit/rethink the financial decision making - elaborate.

4. Insurance planning is part of Personal finance. Review and work out insurance plans (both life and health insurance) for your family members. (Check adequacy and various policy types)

5. Briefly explain the risk, return and salient features of the following a. Investment in Gold b. Various Postal savings schemes c. Stock market investments d. Mutual funds e. Real estate

Reference no: EM132615872

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