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Essay Details:
Essay text:
Lifestyle situations will affect your financial situation and requirements at different stages in life.
The lifestyle situations include but are not limited to the following:
• Marital Status – single, married, divorces, widowed
• Employment Status – employed, unemployed, facing unemployment
• Age
• Number of Dependents – children, spouse, parents, other family members
• Economic Outlook – interest rates, employment level
• Education – education level of family members, tuition needs for children
• Health Status
Although each person sets specific financial goals throughout one’s life cycle, five basic financial objectives apply to most people...
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