Case summary:
Mrs. S has a flair for grooming dogs and cats. Mrs. S has been living with a roommate in an apartment near her work in order to reduce her living expenses. However, she continuously uses her credit card to make ends meet. Her personal property consists of a 2005 car, a television, a digital camera, a laptop computer, clothing and home furnishing with a total value of $7,300.
Character in this case: Mrs. S.
Adequate information:
Monthly income is $1,750.
Living expenses are $1,210.
Personal property is $7,300.
Savings are $2,000.
Student loan is $3,000.
Credit cards debt are $2,400.
To determine:
Personal financial decisions which will be beneficial for future.
Introduction: Financial decision helps an individual to make plans for future, wealth management and investment decisions.
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Personal Finance (The Mcgaw-hill/Irwin Series in Finance, Insurance, and Real Estate)
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