- How much money will be needed by an indivual (or by a family), andwhen?
- Where will this money come from and how?
- How can family assets best be transferred across generations (bequests and inheritance)?
- How can people protect themselves against unforeseenpersonal events as well as those in the external economy?
- How does tax policy (tax subsidies or penalties) affect personal financial decisions?
- How does credit affect an individuals financial standing?
- How can one plan for a secure financial future in an environment of economic instability?
Personal financial decisions may involve paying for education,financing durable goods such as real estate and cars,buying insurance,e.g.Health and property insurance,investing and saving for retirement.
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