My proficiency test revealed the two areas that I need more practice on are "
Describing how individual characteristics and economic factors influence personal
financial planning" , and " calculating present value of funds to be received in in the
future. " I have learned that is important to evaluate individual characteristics , such
as family values, family needs and family size. It is also improtant to understand that
economic factors can also have a big impact on our financial planning because
things do happen, such as loss of a job or decrease in income just as many of people
around the world have experienced during this COVID 19 edpidemic.
This really opened my eyes to realize that I really need to focus on saving money, I
