Money Management Skills



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best strategy is to plan our saving and spending based on the best

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how much we expect to earn over our life cycle, we can estimate

our permanent income and try to spend about the same amount of

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decrease drastically if something bad happens, such as the death

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buying insurance if it can prevent a large drop in spending from an

unexpected loss?

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   still be recommended that a young family save?


2. Can we ever really know our permanent income, and what should we
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   the future?

Questions to Consider

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