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1. FIB: We have naturally good relationships with money 2. What are the 6 sections...

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Accounting

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1. FIB: We have naturally good relationships with money 2. What are the 6 sections of a Personal Finance Plan, as outlined in the Units of our Madura Textbook? 3. Define Opportunity Cost 4. What is the very first step to creating a financial plan (hint we did this in our class) 5. Income from work is a cash inflow/outfiow) 6. A utility bill is a cash (inflow/outflow) 7. budget serves to: 8. The 3 keys to making a budget work: 9. What is the simple math that get us to find someone's net worth? 10. What is a common goal for savings rate? 11. What is the liquidity ratio? 12. Define Budgeting 13. Define liquidity

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