Personal Finance Today #4

1. What do financial thermometers mean in assessing personal finance?.

2. What is compound annuity? Please explain.

3. Please explain amortized loan with an example.

4. Provide some tax strategies to lower the tax payment.

5. What do you mean liquid assets? Please explain with examples.

6. Please suggest some cash management alternatives to your client.

7. Explain the relationship between the debt ratio and insolvency?

8. A financial ratio by itself is of little value. To what can you compare your financial ratios to make them valuable financial planning tools?