Personal Finance outline
AF201: Personal Finance Page 8 Concept Check 1-1 1. ... Personal risk may take the form of the health risks, safety risks or additional costs associated with various purchases or financial decisions. ... You should reevaluate your actions after making a personal financial decision because financial planning is a dynamic process that does not end when you take a particular action. ... The uncertainty of inflation could make personal financial planning difficult because you would not be able to anticipate a rise in the level of prices and thus not be able to plan accordingly. ... Main Components of Personal Financial Planning: I. Planning your personal finances (Obtaining & Planning) II. Managing your personal finances (saving & borrowing) III.