Picture out an economy without credit transactions

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Personal Finance:

1. What relationship exists among personal financial statements, budgeting and achieving financial goals?

2. How does a person's life situation affect goal setting and amounts allocated for various budget categories?

Credit and Collection:

1. Interview three of your friends or relatives and ask on the benefits of credit to them as well as the negative impact on their lives. You can present through table form.

2. Picture out an economy without credit transactions. Give effects of the absence of credit in the economy through pictograph. Give a brief explanation on your output.

Reference no: EM132622002

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